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 : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (712)6/22/2004 12:25:51 AM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
HELX The nearest support remains at the 17.85 level and then at the important April 30 L of 16.95

The 1st Q revenues were up 71% (40.4M vs. 23.6M) and earnings were up 460% ($0.18 vs. loss of $0.05) The EE for the current year are now around $1.00 vs. the $0.10 loss in 2003 and the EE for 2005 are around $1.40

I have started a position on the stock and expect for it to hold above the $17 level.

Earnings in 2000 were around $2.00 and the H that year was 80.

The stock needs to close above its May 27 H of $20.05 before it can start on a near term uptrend and try to test its Feb. H around 27.90

There are 26.11M shares out. The insiders reportedly hold around 2.35% and institutions 85%. (The float is around 25M)

HELX has $70M in cash (close to $2.68/share) and no significant LTD. Current ratio is around 5.75. Cash flow around $7.6M and FCF around $4.7M.

bigcharts.marketwatch.com

Bernard