To: Amigo Mike who wrote (860 ) 1/26/1998 6:31:00 AM From: Quaddad Read Replies (1) | Respond to of 3351
Here is Pristine's Small Cap Review from last week. There day trading newsletter has a pretty extensive subscription base, so when they mention a stock there is usually a noticable spike in volume at open. I'm not sure what the circulation is on the Small Cap Review, but it can't hurt. PRISTINE'S SMALL CAP REVIEW - 1/23/98 AUTOMOBILE PROTECTION CORP (APCO - $7.00) The Automobile Protection Agency (APCO) markets and administers extended vehicle service contracts. The company along with its subsidiary, The Aegis Group, Inc., also supplies and administers other products and services to automobile dealers, distributors and financial institutions. We have been watching APCO with great interest recently, waiting patiently to find a good buying opportunity. The time is now right. APCO is on its first pullback after recently making an all-time new high on strong volume. Buy APCO once it trades above the prior day's high provided it does not go below $6 1/8 first. This is valid over the next week. Once in, place a stop at $5.50. We will add to all portfolios. Please note: earnings are due on 1/29 and are estimated to increase 800%, up from an 83% increase in the prior quarter. MODEL PORTFOLIOS Sym Buy Date Buy Price Cur Price % Gain Rating Stop $2K $10K $25K ENGL 10/31/97 14.63 16.75 14.49% Hold 12.75 x x x EPIQ 11/21/97 8.25 10.5 27.27% Hold 7.50 x x x CASH N/A N/A N/A N/A N/A N/A x x x CASH N/A N/A N/A N/A N/A N/A x x x SUMX 1/9/98 12.00 11.88 -1.04% Hold 8.88 x x CASH N/A N/A N/A N/A N/A N/A x x CASH N/A N/A N/A N/A N/A N/A x x CASH N/A N/A N/A N/A N/A N/A x x CASH N/A N/A N/A N/A N/A N/A x x PDSF 10/24/97 7.75 6.06 -21.77% Hold 5.25 x CASH N/A N/A N/A N/A N/A N/A x CASH N/A N/A N/A N/A N/A N/A x x = This stock is included in the model portfolio(s) indicated. $2,000 Portfolio: Buy $500 worth of each issue in this portfolio; $10,000 Portfolio: Buy $1,250 worth of each issue in this portfolio; $25,000 Model Portfolio: Buy $2,100 worth of each issue in this portfolio. STOCK WATCH LIST Sym ListDate Curr Price Comments / Buy Instructions Stop MUEI 1/23/98 10 1/2 Buy once MUEI trades above prior day's high. Put stop 1/8 below prior day's low.* <---- Obj: $3/4. ZE 1/23/98 7 1/8 Buy once ZE trades above prior day's high. Put stop 1/8 below <---- prior day's low.* Obj: $1/2. Sym Buy Buy Curr Price Comments / Buy Instructions Stop Date Price DIVE 1/16/98 11 3/8 11 1/2 Short play looks ripe for move to the downside. Lower stop. Obj: $3/4+. 12.00 SCR'S FEATURED STOCKS STOCK SYM PRICE %CHG Trans World Ent TWMC 27.00 360% 17.50 Texas Biotech TXB 5.94 44.0% 4.50 Electronic Proc EPIQ 10.50 27.3% 7.50 Engle Homes ENGL 16.75 14.5% 12.75 Dominion Hms DHOM 10.94 9.4% 8.00 ICOS Corp ICOS 15.00 2.6% 12.50 Applied Signal APSG 13.63 1.8% 11.00 BI Inc BIAC 10.06 0.0% 7.88 Summa Indus SUMX 11.88 -1.0% 8.88 SCR's CLOSED POSITIONS SYM SOLD PRICE %CHG ACRT 2/3/97 14.63 143.6% BSNX 8/1/97 17.00 81.3% AMES 7/31/97 13.81 45.4% TXB 8/1/97 5.75 39.4% JMAR 8/1/97 3.69 39.2% BOOM 3/97 11.75 38.3% NZYM 1/24/97 11.25 36.3% AMA 3/4/97 4.38 17.7% LUSA 1/5/98 14.00 5.7% AAIR 9/4/97 5.00 2.6% ORPH 10/27/97 6.13 0.0% ALMI 4/18/97 1.88 -6.3% ANIC 11/14/97 13.50 -9.2% TXCC 10/27/97 10.00 -10.1% CLFY 7/25/97 14.00 -11.8% HMX 5/16/97 7.38 -12.0% DJT 10/27/97 9.50 -14.6% RAYS 5/30/97 6.38 -15.7% VASO 4/21/97 1.88 -16.7% AULT 3/7/97 7.75 -20.6% NOVL 10/28/97 7.88 -21.2% GTR 5/28/97 5.00 -21.6% NMRX 10/27/97 6.88 -22.5% COBR 12/4/97 6.25 -23.7% AMBI 3/24/97 2.88 -27.0% NATL 7/31/97 4.00 -27.3% FIBR 4/18/97 8.00 -28.9% NUKO 8/8/97 2.25 -32.0% EGLE 8/22/97 4.50 -32.1% SCR'S STOCK NOTES After some nice progress to the upside, the stock market was again felled by earnings and Asian financial problems. This is far from surprising given the anticipation that a roller-coaster ride was in-store for us over the foreseeable future. The overall market declined and was particularly hard hit by a downturn in the oil stocks, as we had anticipated last week would likely occur in the very near future. Fortunately, one of last week's recommended short trading picks in the oil sector is still in play and should benefit nicely over the next few days. So, what's in store for the foreseeable future? No doubt more of the same, especially since we are still in the midst of earnings season. In the meantime, expect more "surprises" along with a healthy dose of volatility over the next several days. We advise proceeding cautiously and adhering to all stops. HMX has been moved to the SCR's Closed Positions section and we are using our available cash to buy this week's featured stock (APCO) in all three model portfolios. In the portfolios, we have raised the stop on EPIQ to help protect the 27% gains we have made over the last two months. All remaining portfolio positions are rated "hold" and their stops are unchanged. In our SCR's Featured Stocks (see table), we have raised the stops on TWMC, EPIQ, DHOM, ICOS and APSG to help protect profits. >From last week's SCR Stock Watch List, DIVE (a short play) was triggered on 1/16. It has been moving sideways over the last few days and looks ready to roll to the downside. Updated instructions are provided below. GLBL, our other short, did not meet our entry criteria and was an invalid trade. Two new trading plays have been added to this week's SCR Stock Watch List - - Micron Electronics (MUEI) and Zenith (ZE). Detailed buy and sell instructions are provided below. Note: The Stock Watch List and Portfolio are oriented to more intermediate-term plays (2 to 8 weeks). In comparison, the Weekly Featured Stock and the model portfolio positions are longer-term investments that are typically held for up to 12 months. Any redistribution of the above information, without Pristine's written consent, is strictly prohibited. c Copyright 1997