Charts on Near Term Uotrends Message Board

STOCKTALK

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 : Charts on Near Term Uotrends

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jibacoa who wrote (838)	8/1/2005 3:47:09 PM
From: Jibacoa	Read Replies (1) of 1404

CNVR Has continued on its nearterm uptrend that satrted on July 5 from the 4.95 level. The stock is up more than 15% today as it traded above the $10 level. bigcharts.marketwatch.com Some insiders bought in April and June. The 1stQ results were not good as the revenues were down 38% but it managed to trim its loss some to $0.06/shr from $0.14/shr in 2004 CNVR's D/E is around 0.19 and the insiders hold a good % of the stock. On July 5 it announced that it had a private placement of 6,555,556 shares of common stock to the Legg Mason Opportunity Trust, at $4.50 per share, it also placed another M shares to an affiliate of Herbert A. Allen, at $4.84. It raised approximately $28.8M.<g> The stock made today a 52wks. H and is trading above its April 2001 H of 9.13 The next hurdle seems now to be the March 2001 H at 12.75 but the longer term chart remains "interesting". <g> bigcharts.marketwatch.com Bernard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next