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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1021)6/4/2009 2:36:34 PM
From: Jibacoa   of 1404
 
ACFN has only doubled since the Jan comments.<g>

bigcharts.marketwatch.com

But it has 4Qs of significant better revenues and in the last 3Qs it has been trimming its losses.<g>

In the 1stQ the loss was $0.12 vs. $0.23 in 2008 with 97% better revenues.

The stocks trades around 0.85xBV with no significant LTD. The insiders reportedly hold around 15%. It still has negat.CF

The stock has resistance at the $3 level and a larger looking one at $4. There seems to be better choices around. <g>

bigcharts.marketwatch.com

Bernard
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