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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (18862)9/6/2006 4:42:12 PM
From: Jibacoa  Read Replies (3) of 23958
 
Sergio:

Re: AVNX

As you said, it had a nice spike on 8/28 on good volume of 19,841,000 The upgap from that day has now been closed and it is now testing support at the 1.5 to 1.46 level.It did OK today in spite of the market & is still doing OK AHs.

On 8/28 was when it reported the "preliminary results" for the 4thQ which were officially reported yesterday.

With the DOW & the NAZ action today, there seems to be no rush to buy, especially with the TRANs looking as it may retest its August Ls.

AVNX closed the Yr. on a good mood, with the revenues increasing 5% on the last Q & continuing to trim its loss by half.

It seems the next few Qs should also look good by comparison as the estimated loss for 2007 is around $0.03/shr vs. $0.26/shr in 2006. For 2007 EE are around $0.10/shr on the black column .

Excuse the delayed response,but as you may have noticed, I haven't been very active in the market lately. <g>

RAGL

Bernard

P.S. I enjoyed the move on VPHM from 8/16 to the end of the month & was sorprised that Ray had no comments on it since March.<g>
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