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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (12134)9/27/2005 12:50:04 AM
From: Jibacoa  Read Replies (2) of 23958
 
Sergio, I also still have a small position on ARBX albeit I took some profits. Insiders have been buying and the revenues & earnings have been improving, but I don't like the the lawyers starting their "class actions".<g>

ARGN has already doubled since the July 12 L at the 3 level and the insiders have been selling, but in spite of lower revenues, earnings have improved and are expected to double this year and again in 2006. That should help to bring the PE down from the 90s level.<g>

ARGN needs to close above its April 2004 H of 6.52 On September 19 & September 22 it made 52 wks.Hs. It is still far from its March 2000 H of 29 (As you may recall that was made at a time when its loss/share came down to $3.65 from $8.29/shr in 1999 <g>)
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