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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (7033)4/3/1998 7:20:00 AM
From: RRICH4  Read Replies (1) | Respond to of 120523
 
Jenna check out TIII, stock has not been below 4 since 1993.

Closed at 5 1/2 and has traded to at least 8 every year since 1993!
Book value is $4.10 and the only analyst that follows the company lost his job when Rodman went under. He has two job offers from other firms and is expected to initiate coverage where he lands in the near future. The company says there is over 1 billion dollars in contracts out there for them to bid on, plenty of business. The ex-Rodman analyst has a 11 dollar target price on this one. I think the stock has a lot more upside potential with not much downside risk and fits the bill as a Beaten Down Nasdaq Gem. I have been slooowly accumalating the stock from 4 1/4. They are expected to earn 72 cents next fiscal year and the stock could easily POP when the analyst resumes coverage. P.S. I've been lurking daily for several months and really appreciate your thread.



To: Jenna who wrote (7033)4/3/1998 11:08:00 AM
From: rocklobster  Read Replies (1) | Respond to of 120523
 
Jenna, hello,

Lisa gave me the heads up to the thread here as I am a newbie trader learning the ropes from everyone I can, I don't know much about P@F but I have seen Jan over on the strictly drilling thread. I trade drillers primarily and have done well overall which I consider fortunate considering the downdraft they have been in for the last 6 months. should be easier money if oil actually firms up and draws money back this way, Lost a fortune on JBIL last week and still can't understand why they were taken out and shot considering how nicely other warnings and misses have been treated, and they beat earnings estimates!!!

Anyway, What is the significance of a double top breakout as I am invested in
FGII right now and it just hit the 32 double top breakout and kept going

what would a price target be short term(1-5 days) and how would you play it?

Your input would be greatly appreciated and of course I will use my own judgement and plan yet I would like your opinion if you are willing.

Later,
Richard