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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (8103)8/25/1998 10:19:00 PM
From: Ken W  Read Replies (2) of 29382
 
Sergio,

"not all stocks were down" CYCH, yes, as was GRLL...Announced earnings last night after the bell. Est. was high .09 low .07 they came out .14, .13 diluted. The stock broke out of a it dMA at 60, 120 and 180 days. Book is at 4.62 and the stock is at 4 7/8. This is the second Q in a row that the co. has surprised on earnings. Downside is that only 1 or 2 analyists cover the stock. IMO with some coverage the thing could go much higher. Not like I NEED SOMETHING to go higher!!
OMX down even more today, no news, no reason, just down....

Yes, I did buy some GRLL today.
ps: Thanks for the help with the put thing, I had a fairly good idea of what would happen. Luckly I'm not cleared for such risk. Writing covered calls and margin is the extent of my savvy.
Ken
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