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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sal D who wrote (7035)7/21/1998 12:19:00 AM
From: Elvis Jones  Read Replies (1) of 29382
 
Joe, interesting pick of SOSS. I think a reasonable 12-18 month target range is $28-32. Good company! Thanks Amigo! Also, I like your ELY pick which I target a little lower ($27-31).

For all on the thread, I apologize for now posting my thoughts about IDX "popping" like it did today. I'm not used to an anything goes thread like this (and don't want to appear a hypester).

I'll try and make it up to you. A few weeks ago, I sold out of WAVT at $6 (on a bounce back from below $4). Well, it fell back to $4. The chart looks like a double-bottom here, maybe a nice trading opportunity. Disclaimer: I will stay on the sidelines to realize the loss for tax purposes.

One I am considering is Pomeroy Computer Resources (PMRY). Currently at $26-7/8, I'm targeting a $40-50 range here. Trading at 57% of sales which grew at 41% over the last 4 quarters. Technical breakout to new highs appears near. Any thoughts here???

Oh yeah, on my IDX today... YYYYYYEEEEEEEEEEEHHHHHHHHHHAAAAAAAAAAAAA!!!!

Duke

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