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Strategies & Market Trends : Attitude Small Stock Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (228)11/14/1997 8:56:00 AM
From: Sergio H  Read Replies (1) | Respond to of 385
 
CHGO looks good KEN. They are starting to make a profit even with
an increase in shares. Insiders own 25% and there is virtually no institutional following. They are expanding very nicely and you have to love the concept of beer and pizza. They make their own beer. The chart looks very positive as well.

Sergio



To: Ken W who wrote (228)11/14/1997 10:26:00 AM
From: James Strauss  Respond to of 385
 
CHGO....

>>>Anyway, James, CHGO has had a fairly good chart this last week and appears to me, to be retesting it's little breakout, having come back down to 1 15/16 from 2 5/32 small resistance at 2 1/4. RSI is still in positive area with momentum following. The co. is growing through opening new stores, most of which are profitable. Earnings are due out 11/14/97. Stock has warrants, exercise price of 5.50+warrant good to
2002. What do you think? Up or Pup?<<<
**********************************************
Ken:

MoneyFlow is negative... Daily MACD is neutral... Weekly MACD is positive... Two converging trendlines meet at 2 3/8... So... You can buy it for a quick pop to 2 3/8 or wait until it closes above 2 3/8... If it fails that test, it heads south...

Jim