Hi Bosco & all,
how have you been doing lately ? Funny kind of market. Think we are ultimately in a bear trap right now..
Did you play e-biz stocks, too ? If so, pls. tell me about your experiences.
Yesterday I briefly glanced into apparel reatilers and found some nice gems over there. All companies had a post chapter 11 restructuring times ago (1997, 96), are backto profits but really underfollowed. They trade at PSR of 0.10 and LESS. If they sustain profits for 1-1.5 years then they will most likely get coverage and could explode. All companies are making annual revenues of $100 million or more so financial ties & contacts should be there. Checked the most recent SEC filings also. Think that they should be watched closesly for a good entry point over next 2 weeks. Could be interesting to enter them BEFORE earnings, since there's no coverage.
Nasdaq: TMAN (Today's man) $1,69 profitable, Reorg 97
next earnings: mid of February (12-14th), annual sales : $214m
Nasdaq: JBAK (-J Baker Inc) $4,75, profitable, Reorg 96/97
earnigs end of February, already covered, annual sales : 583m
Nasdaq: EVANC (Evans Inc) $0,5, annual sales: $97m
earnings mid January, Rorg 97/98
otc: LMNT (Lamonts) $0.38, annual sales: $205m
earnings around Dec 14th
best regards
CROSSY |
