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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (554)2/26/2003 11:35:07 AM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
HDL Is up 17% on volume of 249K after it said that it will buy up to 20% of its common. (It had announced previously a plan to buy back 10%.<g>)

The stock has been selling close to book with a PE around 8 and PS of 0.23 The institutions that hold some 80% of the float have been doing some buying lately.

The shares opened with a good up-gap and are trading above the January H.

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They have to close above 15.04 in order to be able to test the July 6,2001 H at 17.89 <g>

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Bernard