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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1310)11/3/2009 10:52:06 AM
From: Jibacoa   of 1404
 
AIMC also opened with an UG and is up for 2nd day on a roll in spite of its 4Qs of lower revenues and 3Qs of lower earnings. <g>

The stock is up 25% with volume still below its ADV

bigcharts.marketwatch.com

But it reported its 3rdQ results yesterday after the market closed and in spite of its restructuring charges,its operating CF was $24.3M for the Q and a record $52.1M for the 9Ms. AIMC has around $2.50 in +CF. It has been trimming its LTD and cut its debt by nearly $16M in the Q and by nearly $30M in the 9Ms.<g>

The ACTAY is $12.20 but on a close above $12 it seems the stock could get to the $14 level.<g>

bigcharts.marketwatch.com

Bernard
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