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Strategies & Market Trends : Three Amigos Stock Thread

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To: Amigo Mike who wrote (465)2/6/1998 1:04:00 AM
From: Ken W  Read Replies (1) of 29382
 
Mike, ENBX

Noah Bagel 50+% owned by BOST Boston Market. The charts mirror each other. BOST just made a great run from 6 to 8 in the last week (yeah the wife had it, I did not)Mike H. Anyway, ENBX trades at about 8 times earnings, has a new CEO and is in the process of consolidating some franchised stores to company stores. Yahoo board is hinting at some sort of announcement soon that will break the stock loose. They also introduced a new menu.

Short interest has been decreasing over the last month by about 1 million shares.

I like the charts as it is oversold, RSI is turning up as is momentum.

Opinion?

TIA Ken W
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