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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: Manny Gugliuzza who wrote (729)1/14/1998 8:02:00 PM
From: Manny Gugliuzza  Read Replies (1) | Respond to of 3351
 
but i will get a second opinion regarding these movements:

here it is

suretrade.stkwtch.com

oops guess it is just a hold here sorry but i would not raise my stop sell till the 20 days MA is breached.

good luck and hang in the ride is comming.

ar.



To: Manny Gugliuzza who wrote (729)1/14/1998 8:58:00 PM
From: Cary C  Read Replies (3) | Respond to of 3351
 
>>>poor performance over a longer period should be avoided. but nonperformance over a short period is consolidation and time for accumulating.<<<

Very well said Manny. The volume that has brought this stock down is miniscule compared to took it up. The only thing that will bring this stock down below six would be bad earnings and after speaking to Todd at APCO and with the addition of SAH in December, I personally don't see that happening.

Taking into consideration high tech pressures and Asia, this is a pretty safe place to be. The company has shown the ability to grow at a 30% pace. Even with a very conservative PE(for a growth company) of 20, if APCO does .32 that puts them at $6.40. If you take a more realistic PE of 25 even 30, thats puts them somewhere between $8 and $9.40 in less than a month from now.

Everyone has to make their own decisions. I like how Jack put it the other day. Buying at these levels now will make you look like a genius later( sorry if I didn't the words exactly right Jack)

Cary