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Strategies & Market Trends : YEEHAW CANDIDATES

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To: freelyhovering who wrote (2086)5/31/2003 1:43:34 PM
From: Sergio H  Read Replies (1) of 23958
 
BFUN added @ Monday's opening price.

Myron,fundamentally, the stock has cheap valuations but it bleeds money and has been dropped from the Naz to the Naz Small Cap and is now in danger of being delisted.

Like you, I like the technicals and I think that the technical picture is the best reason to buy this one. Management is going to have to pull out all stops to get the price above a buck.

The chart has muscled through its descending channel and there's no resistance to 2 if the new trend holds up.
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