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


To: rrufff who wrote (23335)3/5/2007 4:21:55 PM
From: Jibacoa  Read Replies (1) | Respond to of 23958
 
I'm buying here at 1.46. Figure the worst is out..,

bigcharts.marketwatch.com

You are probably right. However,(as Jesse used to say <g>)the best way to buy stocks is on the way up.

Although the 4thQ revenues were up 10% the bottom line results weren't good as it reported a loss for the Q of $0.01/shr. vs. $0.04/shr on the black in 2005.

The EE for 2007 have been cut down some, but are still around $0.20/shr & the stock seems to have a chance to trade at the $3 level sometime in the next 12 months.

The CEO,Richard Priddy,remains optimistic for 2007 & claims that the Signature acquisition is "a tremendous achievement" and a promising addition to their line of services.

But again, there seems to be no need to rush as there probably be better times to start a position, as the stock will need some base formation before attempting to bounce back.

As Ken said on Thursday,is better to wait & see if the DOW will hold the 12,000 level, as the "correction" may turn out to be a little more than most people are expecting & is better to keep your powder dry.<g>