Trico Marine Services (TMAR) Message Board

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Gold/Mining/Energy : Trico Marine Services (TMAR)

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To: Solid who wrote (256)	4/13/1998 5:49:00 PM
From: D.J.Smyth	Read Replies (2) of 1153

www.stkwtch.com lists TMAR as a "strong buy" in oversold condition: "Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a WEAK UPWARD TREND Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is falling which is BEARISH LOOK FOR SUPPORT AT 18.62 Stochastics indicate stock is OVERSOLD RECOMMENDATION STOCK IS A STRONG BUY; STOCK IS OVERSOLD; GOOD ENTRY POINT" you must be a member of stkwtch to get this. nevertheless, it is interesting to note that the stock is selling at 5 times 1998 projected earnings. i'm not aware of any information which would indicate the stock should be selling at this level relative to growth or earnings. they are servicing two of the "hottest" growing markets relative to increasing day rates, the gulf and the north sea. someone is dumping small blocks at the bid. it is possible they are taking a loss with the anticipation of re-entry prior to earnings. hopefully the stock will spike and not allow a re-entry above this current beaten down price.

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