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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: MCsweet who wrote (25390)	11/29/2006 6:00:37 PM
From: anializer	Read Replies (1) \| Respond to of 78673

On SCMR, it does have a few attributes I like. First if one takes a look at a max chart, you can better see the long lateral base. bigcharts.marketwatch.com To illustrate the base a little better here's a 5 year. bigcharts.marketwatch.com Other attributes are that if one browsed thru the last 5 yearly prospectuses, one would find that share count is slowly and steadily being reduced. In addition, no insider selling whatsoever in years. I'm sure they don't have to after that year 2000 rocket. Seems to me a pattern of slow and steady accumulation at the lows. $3.20 a share in cold cash and no debt is something of a positive, if they use that cash wisely to get some good news rolling, it could break out of this base for a decent lengthy move. I also like that fact that no one thinks it can. I am just thinking that a patient investor who had a few extra bucks he didn't need to look at for several years, when the move comes, the percentage will compensate him for waiting. Of course this could stay in a base for 2 or 3 years still for all I know. I suspect that when they are good and ready, and everyone has been flushed out from inpatient under performance, it will move. Just some thoughts and it remains on watch.