John,
On the SI profile for MRVC, there are links to a chart, news, SEC items, SI threads about MRVC, Comparison links, and links to their homepage, WSRN Fundamental data and Stocksheet. If you click on the Stocksheet link, it takes you to the Stocksheet page, lots of good information.
What stands out to my eyes is that the annual range of the stock price. For 2+ years now, since it went to 40 in '96, it has not gone below 18, lots of support there. With it down a buck today, at 21, downside risk is limited to about 18, upside ??.
I am concerned that no matter the results of MRVC, the stock has remained below its 50and 200 day moving averages for a long time, even with the greatest bull market of all time.
Has anyone noticed the strength of the bull market, during 1982 til now, since Michael Jordan, a Chicago Bull, hit the winning shot in the NCAA tournament in 82(I think), The bull market is strongest the last 7 years or so, when the Bulls have won 6 championships. The only flat year was 94, when MJ had retired from basketball for a year. Well, there is a strong chance that he may retire permanently before October. Is anyone worried? I know, only that the bull market is going to end?
Good luck to all longs.
Ketan |
