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


To: Alan Stalter who wrote (1601)3/16/1998 7:09:00 PM
From: Froman  Read Replies (1) | Respond to of 3351
 
Several days back, someone noted that ACPO's earnings estimates were revised downwards for this year and next. Yahoo updated their research page for APCO and the estimates are now back to .09 for the quarter ending March '98, .42 for FY98 and .53 for FY99. Either someone posted some wrong estimates and corrected them or recent events caused someone to change their minds.

Today's action shows the chances one is taking by trying to trade this stock for a big swing. Sure, it's due for a rest but someone forgot to tell the market that as today's volume brought more buyers than sellers just about all day long. As someone stated a few weeks back, and I'm begining to believe it, and that's APCO might be trying to move into higher trading range/channel.

It gets more interesting everyday. :-)

Fro