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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Amigo Mike who wrote (95)1/21/1998 1:12:00 PM
From: Amigo Mike  Read Replies (4) | Respond to of 29382
 
Checking in on APCO today and I had someone check L2 for me. There were very few shares available at 6 5/8 and the stock blew right though that level to 6 3/4.

The chart is going to scream BUY tonight.
Mike



To: Amigo Mike who wrote (95)1/21/1998 8:09:00 PM
From: Cary C  Respond to of 29382
 
Mike as you know, I've been in and out of PCTH several times. Both the warrants and the common have been very good to me. The four to six range has worked several times. I must admit that I am surprised to see it this low again. I think there has been some confusion with the recent annoucements to not persue the recent acquistions with Jungle Street and Olympic Tool. The business that they do with Boeing has also added to the confusion.

I think that these announcements should put some people at ease

biz.yahoo.com

biz.yahoo.com

I particularly like the back log of over 70 million with anticipation of shipping at least 42 million this year. Price to sales is only 1.2
with a beta of .17. I might be wrong on this last part but I believe that they have at least hit the earnings estimates for the last few quarters. If that holds true, then with next quarter showing them at .09, it should take them to .30. At a very reasonable pe of 20 for a growing company like PCTH, that gives them a stock price of $6 in the next two months or so.