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


To: Jibacoa who wrote (1167)7/1/2009 7:17:54 PM
From: Jibacoa  Respond to of 1404
 
OSK continues its UT and opened with a good UG today after it announced after the close of the market yesterday that the he U.S. Department of Defense had selected it to supply MRAP All Terrain Vehicles for its fighting forces.Following months of government testing on multiple production-ready vehicles, OSK has received an order for ATVs valued at $1.05B.

The stock was up 23.84% with volume about 10x its ADV. There was some profit taking AHs.<g>

bigcharts.marketwatch.com

OSK has had losses on the 1qst 2 Qs on lower revenues and the EL for 2009 was around $0.60 vs. $3.37 on the black in 2008. It is still too early to figure out how much the EE will change.<g>

The stock has a good amount of resistance at the $20 level.

bigcharts.marketwatch.com

Bernard