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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (11029)	8/22/2005 10:45:49 PM
From: Jibacoa	Read Replies (1) of 23958

SFE, yes it has been going up for 3 days on a roll.<g> Today was up 12.24% on volume of 3,485,500 bigcharts.marketwatch.com On its previous rally in June it was up for 4 days on a roll and after that it didn't bother to close the small June 16 upgap. (The gap was only 4 pennies from 1.06 to 1.10 <g>)Today it was able to close above its June 21 H of 1.58 These rallies and the insiders buying have taken place in spite of the poor earnings results. In the first 2Qs the loss/shr is now up to $0.19 vs. $0.03 on the black in 2004, but the revenues have increased on a sequential basis and also 10% and 20% respectively on the 1st & 2ndQ compared with last year's results. It seems that the results for the remaining 2Qs will look better by comparison since the EL for 2005 is around $0.37/shr (another $0.18/shr) and in 2004 the loss in the last 2Qs was $0.44/shr.<g> The volume in the last 3 trading days has increased on a sequential basis, although today's volume of 3,485,500 was still below the 5,747,800 traded on June 24 which was a downday (from 1.33 to 1.24) The intraday H was 1.70 and have to watch now that the stock is getting close to the resistance above 1.75 (The double top on February 4- February 7 was at 1.75 and the February 2 H was 1.77.) The January 18 H was 1.87 and the December 10 H 2.45 but it seems that it may need some good news to get there.<g> bigcharts.marketwatch.com

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