Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1352)	3/19/2010 12:25:23 PM
From: Jibacoa	of 1404

ADEP has had some downticks in the last ten minutes, but it is still up 19.06% and volume, although low, is about 1.5x its ADV.<g> bigcharts.marketwatch.com The stock is apparently having some help from the presentation this week in China at the SOLARCON 2010 show in Shanghai.<g> ADEP 2ndQ results weren't good,since revenues were down both sequentially and compared to the previous Yr. But the company said it received a substantial order for high-precision robots from a major international manufacturer of test automation equipment and it expects to be fill the order in the 3rdQ. The loss for the Q was $0.21/shr vs. $0.01 on the 1stQ, but better than the $0.57 los in the 2ndQ in 2009. The ACTAY is $12, but I will be satisfied if the stock is able to test the initial resistance at the $5 level. <g> bigcharts.marketwatch.com Bernard

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