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


To: Manny Gugliuzza who wrote (730)1/14/1998 8:42:00 PM
From: majormember  Respond to of 3351
 
here is a third opinion,

not too long ago I (as well as many others on the APCO thread) were
in a worse situation with RECY. Declining stock price falling
through support, with a tenuous hold on staying above $5.

then, FINALLY, earnings came out, and instead of being negative,
as some had suggested, it was positive. Well, RECY seems to have
recovered its footing and appears to be consolidating in the $6's
for the next move up. IMO, APCO is in a similair position, waiting for earnings before making its next move. TA has simply not worked
for RECY or APCO (refer to posts on 56/TA thread).

APCO will move up when earnings are released. The only question that remains is what range it will move up into. If we only meet expectations, it may not move up (perhaps fall), but if we surprise
on the upside (good potential) share price should reflect that.

I'm holding till earnings are released...

Skane