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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (10849)8/16/2005 4:16:15 PM
From: Jibacoa  Read Replies (1) of 23958
 
ARDI Had an upgrade today from PJ to "outperform" from "market perform" <g> They have close to $1,80 in cash/shr with no significant LTD and the insiders who reportedly hold more than 30% had been doing some nibbling recently and on August 4 they announced that Chemical Distribution Network had selected them as the preferred MRM provider.

But in spite of better revenues they have reported losses in the first 2Qs albeit it is expected that the next 2 Qs will be on the black.

In spite of the reported losses the stock has been doing well in the last 2 months, but I think today's upgap will be closed.<g>

bigcharts.marketwatch.com
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