SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (9393)7/10/2002 12:56:54 PM
From: Bruce A. Brotnov  Respond to of 16631
 
BEAS is in a down trend, but so is ACF and I bought ACF at 19.50 today as it was knockink on old support around 19 level. Maybe I can sell it at $35 again.

BEAS has .06 earnings estimate and I prefer a $8 stock to have .08 minimum earnings (1 for 1 - Bruce rule of thumb).

ACF has 1.02 estimate and 5X price on this basis.

I think I prefer EUNI at this point both with chart and probably similar earnings expected as they reported .07 last quarter but are just above $5.

VIX level may have been correct, especially if the market continues its comeback. Quite a few folks and probably funds watch the VIX numbers.

Bruce



To: Dave Gore who wrote (9393)7/10/2002 12:58:18 PM
From: Bruce A. Brotnov  Read Replies (2) | Respond to of 16631
 
BEAS is in a down trend, but so is ACF and I bought ACF at 19.50 today as it was knocking on old support around 19 level. Maybe I can sell it at $35 again.

BEAS has .06 earnings estimate and I prefer a $8 stock to have .08 minimum earnings (1 for 1 - Bruce rule of thumb).

ACF has 1.02 estimate and 5X price on this basis.

I think I prefer EUNI at this point both with chart and probably similar earnings expected as they reported .07 last quarter but are just above $5.

VIX level may have been correct, especially if the market continues its comeback. Quite a few folks and probably funds watch the VIX numbers.

Bruce