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


To: Fudd who wrote (8314)3/29/2001 7:21:07 PM
From: Jibacoa  Respond to of 13094
 
STEI:

Yes, they are doing O.K. if you don't mind their line of business.<g>

But as they say, "death & taxes" are pretty safe bets.

The stock had an up-gap on March 20. Still sells for 1/2 of book and around 0.6 of sales.

They own more than 600 funeral homes and 160 cemeteries not only in 30 states in USA but also in Puerto Rico, Mexico, Australia, New Zealand, Canada, Spain, Portugal, the Netherlands, France, Belgium and Argentina.

Although the number of "cremations" has increased somewhat lately, they seem to have a recession free business.<g>

The stock has doubled since early January:

siliconinvestor.com

But still has some room to run.<g>:

siliconinvestor.com

Bernard



To: Fudd who wrote (8314)3/29/2001 7:54:50 PM
From: Jibacoa  Respond to of 13094
 
POI:

The stock "doubled" from the low of 0.37 on Dec.22 to its H of $1 on Dec.29 and also had a good "run" after the up-gap on March 7 when it went from March 6 L of 0.90 to its March 15 H of $1.51 before sliding back to the latest 1 3/16.

Although their line of business (protection services) seems a good one, and they are selling at 0.12 of book and 0.35 of sales, I would stay away from it or play it very carefully since the insiders that hold more than 85% of the stock have continued to be steady sellers:

biz.yahoo.com

The volume of 1,006,000 a few minutes before the close on March 27 caused little change on the price.(1.22 to 1.24)

RAGL

Bernard