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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (7381)1/7/2001 1:29:30 PM
From: James Strauss  Respond to of 13094
 
CJ:

CQB has had a nice pop... Probably in reference to this news relaease... bigcharts.com\http2_mw

Inside the article it says this: "Competitor Chiquita Brands International Inc. (NYSE:CQB), the world's largest banana producer, has no current plans to sell organic bananas under the Chiquita label, spokeswoman Magnes Welsh said....

So either the phrase "World's Largest" or "Has no current plans" might have sparked the buying... Otherwise, they still have a large debt burden...
bigcharts.com\http2_mw

From a purely technical perspective you might see this test the 3 1/4 area...
bigcharts.com\http2_mw

Be careful here...

Jim



To: Captain Jack who wrote (7381)1/8/2001 10:35:24 AM
From: Jibacoa  Read Replies (2) | Respond to of 13094
 
CQB: Doing well so far today. Up 18% for the day on 334,800 shares.

DSCM: Closing now the early morning up-gap.The price/ book is still 0.2 and the price/sales 0.66. The insiders hold 72% and have been buying lately. Institutions own 16% (about 58% of the float) and have been recently buying more.
Although the revenues were up (more than 400%) the loss has also increased substantially. The H last January was 36 and the L on Dec.28 was 0.72

Bernard