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Non-Tech : Imperial Sugar (IPSU)
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To: Crossy who wrote (38)12/11/2002 11:01:41 PM
From: Patentlawmeister  Read Replies (1) of 121
 
By the way, i wouldn't place too much significance on the 3.50 resistance level. True, it hovered at that level for a few weeks but there was hardly any trading going on during that time period. It seems that perhaps 4.00 is a more significant level.

In any event, i don't usually make buy or sell decisions based on charts (i sort of believe in the random walk theory); rather, i go by fundamentals, which i can see pretty clear in this case. How many companies out there have a billion in revenues with a clean balance sheet that sell for under $100 million in valuation?
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