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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1045)1/9/2009 3:22:19 PM
From: Jibacoa  Read Replies (2) of 1404
 
CVI found support at the $2.75 level, but is now finding resistance at $4.75

It has 4Qs of better revenue and earnings were better on the 1st and 3rdQ of the current Yr. although lower on the 2ndQ. However, the pending 4thQ results are expected to be better, since the EE for the Yr are for >$2 vs. $0.03 in 2007

The stock trades around 0.95xBV with +CF and good institutional following.One caveat is the substantial LTD.

bigcharts.marketwatch.com

Bernard
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