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Strategies & Market Trends : $10 and Under : New 52 Week Highs

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From: bruwin4/9/2008 12:56:48 PM
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It's certainly been very quite here lately.

I did a screen at SmartMoney for stocks under $10 with 52 week highs, and it returned 921 stocks !!

So there must be something to report ....

I used one of my stock screens and added the "$10 and under + 52 week high" criteria and it came up with one stock :-

SOAP.

I had a look at SOAP's current Fundamentals and it doesn't look at all bad.

It's had a good increase in Revenue, it has a very good EBITDA Margin of over 50%, has little debt and a pretax return on Cap. Employed of nearly 60%.
Could be one to watch ...
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