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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: RCJIII who wrote (15933)6/20/1999 5:11:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
RCJ, Hopefully it's more than tomorrow. There is a lot of resistance for CHS at $3. If we can clear that hurdle, hold on. The stock should show up on a lot of radar screens. That's the technicals. The fundamentals are solid enough to catch other news media, analyst, and institutional interest in the coming months. The report outlines the catalysts.

Patience has paid off on several stocks during this recent rally. One stock that the Amigos have stuck with is GTNR. It has defied logic...until this week. We had writen so many reports on GTNR, lauding the stock. Insider buying, analyst coverage, good press also didn't help. It refused to budge over the 4 3/8 mark until this past week.

I think that CHS may have a battle at $3. Clearing $3 would put the stock into a very positive trend. If it doesn't clear $3 based on the Crains article and the bizfn coverage, one of the other catalysts will propel the stock. This of course is just my opinion.

AS



To: RCJIII who wrote (15933)6/21/1999 9:37:00 AM
From: scouser  Read Replies (1) | Respond to of 29382
 
CHS, 50% of ave volume in the first 2 mins after the bell!