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


To: Ken W who wrote (17402)11/13/1999 6:21:00 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Ken, NANX's technical picture looks good and it is improving. Bottom support is at 2 1/8 - 200 day moving avg. Upside is greater than downside.

The fudamental picture is also improving; new management, new patents, new products, etc. mixed in with a bundle of cash and no debt. The 10k provides a glimpse of many ongoing developments, some that are potentially very lucrative for the Co., BUT...did you see the pending lawsuits?

moneycentral.msn.com

Sergio



To: Ken W who wrote (17402)11/13/1999 6:59:00 PM
From: Sergio H  Respond to of 29382
 
PETM I can't get a firm grip on. Technicals are bottom fishing variety. Upside could be 7 with little downside risk.

A few observations:

Looks like the pet cyberstore business is very crowded. Too many competitors for an unproven market. Insiders are buying and institutions have been playing musical chairs. Downgrade just before earnings:
biz.yahoo.com

Activity in the options pit on Fri. Two most active options were the
Feb. and May 7 calls. Currently priced at 1/2 and 7/8 respectively. Someone is looking for a pop on the earnings, if not in the next report, then the following one. Also interesting, 12 large block trades on Friday.

Sergio