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


To: nokomis who wrote (8607)5/2/2001 11:22:00 PM
From: bob kubecka  Read Replies (2) | Respond to of 13094
 
AH traders didn't seem to like the GMGC report. I wonder where it opens a.m. May be a chance to get some more cheap shares. Appreciate everyone's insight here! Thanks



To: nokomis who wrote (8607)5/3/2001 12:24:02 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
GMGC:

Nok:

GMGC is over 25% higher than it was last week...
finance.yahoo.com
finance.yahoo.com

It has rising intermediate term trendlines... It has a new 2 year contract with GM (OnStar)... It will announce a new deal with IBM in the next few weeks... It will be cash positive in 4 or 5 qtrs... Profitability can't be far behind that... They've brought in experienced mgmt that will focus on revenue growth... The larger volume in the 1.25 plus area reflects microcap accumulation... It wouldn't surprise me if we begin to see some insider buying by those now steering the ship... This all adds up to a future that's much brighter than the past... I'm still looking for tests of the 2.00, 3.00, and 5.00 areas in the next few months...

Jim