Maria sure did treat you right this morning Glen. You are going to be very rich when EVI goes to the 80-'s like she said! However, she DID mention that this price was contingent on you selling out so the stock could resume its climb. Sorry.
Following is a snippit from today's:
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Although there are a lot of excellent trading candidates, pay close
attention to FGII, MDCO, NE, DO, RDC, MIND, EVI and GLM tomorrow.ÿ
They all look poised to break to the upside.
Trading Notes:
Fride Goldman (FGII) - FGII moved well Tuesday, adding 2.12 to 31.31
after dipping to 29 late in the day, but bounding back sharply late.ÿ
If FGII holds true to form it will likely gap open tomorrow morning.ÿ
If FGII looks good to you, wait a bit until after the market opens to
see how it trades.ÿ If it gaps, generally it sells off a bit.ÿ A safe
entry on a gap open is after it has sold off, and looks to be
rebounding.ÿ FGII reported some of the best earnings growth in the
entire sector last quarter and nothing has indicated that anything has
changed.ÿ Of all the Drillers, FGII has to bubble to the top of the
heap.
Marine Drilling (MDCO) - MDCO traded up 1.18 to 19.88 today.ÿ MDCO's
volume has been up sharply, leading one to believe that something is
cooking.ÿ Of all the Drillers, MDCO certainly has sold off.ÿ Last time
around, MDCO rebounded 13% over 4 days.ÿ MDCO has moved up on our
favored driller list.
Mitcham Ind. (MIND) - MIND sold off a couple of weeks ago on an
earnings report that "only" met estimates.ÿ Today, MIND caught my eye
as quite a few large blocks crossed the tape.ÿ On the day, MIND added
a whopping 3.25 to 21.375 on 253,500 shares traded.ÿ Pretty incredible
day.ÿ Me?ÿ I sat at watched it like a deer in the headlights and
completely missed the entire move.ÿ Some days, stuff like this makes
me nuts.ÿ But I sure have a lot of very nice little notes with blocks
documented.ÿ But I don't own any MIND.ÿ Maybe that's a Freudian slip.
Think so?ÿ I do. |
