Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (2340)	7/25/1998 3:51:00 AM
From: Michael Berkel	Read Replies (2) of 13094

Innotrac (INOC) gapped up 2-3/16 to 12-5/16 on triple normal volume. The provider of marketing support services reported a second quarter profit of 33 cents a share, a whopping 74% increase from a year earlier and 8 cents above estimate. There are many reasons to buy this stock now: 1. Insider buying 2. Small float 3. Great management and earnings. 4. Current price-earnings valuation of 12, which makes the stock undervalued 5. Wall Street loves stocks in the low teens. Limited downside potential. 6. No Asia risk involved here! Check it out. Happy trading! Michael Berkel

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