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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS

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To: CrazyTrain who wrote (730)9/18/1998 9:44:00 PM
From: Cavalry  Read Replies (4) of 1637
 
Thanks Monty, i agree with you on mvee, the only uncertainty surrounding mvee is the law suit.
funny thing about mvee is all the way down from 15 cents to the 7 cent level it is at now the technical readouts kept giving off buy signals. the more it went down the stronger the macd, cci, stoc, and rsi got. this is what led me to believe mvee is so heavily shorted.
the volume and the ratio of buys to sells all signal mvee's price should be rising not falling/

hard to imagine mvee with a market cap of only 5 million, their movie library is worth that alone.

segals son might be a winner
norris' son same thing

starting to feel a good list of these heavily shorted pennies
might be in order.
sell half on the double for any on the list and get a free ride with the remainder of each investment.

at 7 cents mvee is a double at only 14 cents
at $1.18 infe is a double
at 34 cents nrag is a double
at 30 cents bnez is a double
plenty more to add

these are levels each of these stocks passed through in the past
this beaten down market is full of buying opportunities
unfortunately there arent many selling opportunities
for those who have long term time horizons on their investments
there are some deals out there

been doing some dd on dreyers ice cream, drey symbol,
price creamed due to high price of butter fat
and they lost distribution for ben and jerrys after a failed takeover attewmpt of ben and jerrys pay back is a bi--h, i guess.
still they have a 10 year expansion plan in place since 1994, they were meeting their goals, stock right now about all time low.
11% of float was shorted as of 8/10/98

will post more on dreyers later

have a nice weekend

j
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