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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (28600)	5/18/2002 9:47:57 AM
From: JoeinIowa	Read Replies (1) of 29382

Ken, I saw the gap on BNO also. It would just baffle my mind if a company could really have $2.50/share in cash flow and sell under $3. Its possible but seems unlikely. I also saw the possible retrace down towards the 50 dma around 4.25. I just can not trade fast enough to catch it. As always there is a risk reward calculation. If they earn .50-.60/share this year they shouldn't go much lower than $4. If the new management continues to make the right moves upside has to be $8-10. At the last CC they had multiple analysts asking questions and they seemed very happy with the responses. Waiting for one to start coverage on them. A little coverage could get them over the $5 hump. Thanks. Joe

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