SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chris who wrote (1753)6/17/1997 1:41:00 PM
From: David Alan Cook   of 42787
 
Chris,
My PACC target is $25 within 12 months. Believe the company will receive a gain from the settlement with the FDIC. Called the company recently. . . like what I heard. Feel good about my revised upward earnings estimate. . . raised my estimate from .40 to .45 for the next qtr . .This estimate excludes any GAINS from the FDIC settlement. Still believe a press release will happen before earnings. Earnings will be released in early July. . .Most likely by the second week of July.
My thoughts on " breaking resistance " . . . will happen by the time earnings are released. If it continues to grow earnings from operations as it has the last 3 qtrs ( .13 / .25 / .35 )someone with alot more market pull then me will take notice and recommend this stock. Finance sector has been very strong.
I find it easier to buy stocks prior to the breakout . . especially in these small cap companies. . does not take much volume to cause a breakout.
I am also hoping that the stock will consolidate.

DC

* I have buying a few shares lately . . nothing major
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext