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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1166)7/1/2009 6:53:53 PM
From: Jibacoa1 Recommendation  Read Replies (1) of 1404
 
UIS has had a good % move from its March's L. It has closed ist Apr17 UG and today was able to close above its Apr20 H of $1.64 (two previous attempts on May 5 and June5 failed at the $1.63 l3v3l.<g>)

bigcharts.marketwatch.com

Although the loss on the 1stQ was unchanged at $0.07 and revenues were 15% lower, the EL for 2009 is around $0.01 vs. $0.36 in 2008 and for 1010 the EE are around $0.10 on the black, so if the earnings come out as expected the stock could test the $5 level.<g>

bigcharts.marketwatch.com

It announced today that it has started private offers to exchange its Senior Notes in private placements for new 12¾% Senior Notes due 2014 abd new 14¼% Senior Notes due 2015 <g>

The stock was up 23.84% during regular session, but lost 3.4% AHs.

Bernard
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