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Strategies & Market Trends : Charts on Near Term Uotrends

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To: littlebitmoore2 who wrote (1176)7/2/2009 2:22:51 PM
From: Jibacoa   of 1404
 
BCON Is among the ones staying on the green today after some news.<g>

The stock did not close its Apr16 UG. Volume today although > 10x its ADV is less than the 18,616,500 traded on Jun28, which was a down day.<g>

bigcharts.marketwatch.com

finance.yahoo.com

The stock is still up 12% at present, although there have been some downticks as I am writing.

If it can close above the Jun15 H of $1.09 it seems that it could get to test the $1.50 level.<g>

The insiders had been doing some buying in May. (They had been persistent sellers since last Yr.)

The revenues on the 1stQ (March) were significantly better and the EL for 2009 is around $0.19 vs. the $0.26 L in 2008

bigcharts.marketwatch.com

Bernard
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