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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (14209)1/3/2006 10:06:46 PM
From: Jibacoa  Respond to of 23958
 
Sergio,

Re: ARTA

It had a good move on Sept.6 on volume of 1,516,880 but although revenues were up 22% on the 2ndQ they were short of the expected 23.8M and earnings remained flat.

The stock is trading above its Sept.6-Sept.7 double top at the 1.74 level, but is finding resistance at 1.80 <g>

The company trades at a PE of 46 and carries a substantial LTD albeit it had a + CF of $0.17 and the insiders reportedly hold more than 30%, but have been doing some selling lately.<g>

From a longer term perspective the chart doesn't look "interesting" since the H on Jan.2000 was only 3.56 <g>

bigcharts.marketwatch.com

I have been looking at stocks that started the year on the positive side, have low or negligible LTD and have + CF If you have some on that category let me know, so I can add them to a watch list.<g>

Message 22024310