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


To: Jibacoa who wrote (1225)9/10/2009 9:54:26 AM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
XRTX opened with an UG and is up 21.68% on low volume, in spite of its lower revenues in the last 2Qs and the expected loss for the current Yr. <g>

bigcharts.marketwatch.com

But XRTX is in the group of companies that Paul likes.<g> It trades around 0.9xBV, has +CF and it said today that it expects revenue for the 3rdQ to be approximately $247M, which although below the $280.8M in 2008, it will be a good sequential improvement from the 2ndQ,<g>

The official results will be reported by the end of the month, and the CEO said that he was pleased with their execution in reducing costs while at the same time meeting the demand requirements of their customers,<g>

In spite of the expected loss for the current Yr., XRTX is expected to report on the black around $0.50/shr in 2010, and with some good news it could get to my 'target' around $12 (The analysts' 'target' at YHOO's is only $6 <g>)

bigcharts.marketwatch.com

Bernard