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


To: Amigo Mike who wrote (2696)4/5/1998 5:45:00 PM
From: Sergio H  Respond to of 29382
 
<Can you check for FA : BIGE, CPIA, LOEH, MATH, MOVI, SNIC, UNMG.>

Amigo Mike, I assume that these stocks came from a scan for stocks with increased volume on Fri. I took a quick look.

BIGE looks interesting and when you have time is worth looking over the fundamentals to see if it's an Amigo type stock. Co. is making lots of moves latetly. Hmmmmm..........

CPIA received coverage from a small brokerage on Fri. First analyst coverage. This stock looks a lot like one already in our portfolio.

LOEH is moving in step with the retailers I think. They had disapointing earnings recently, so that must be it.

MATH was upgraded to strong buy by First Albany on Fri. The PE is a discount to its peer group. Worth looking this one over.

MOVI operates video rental stores, mostly in the East Coast. The stock is moving in step with its sector. I like RENT better.

SNIC had after the bell news on Fri. The stock is already up 40% from those that knew the news before it was released and will probably gap up on Monday.

UNMG is moving on rumors. They are trying to sell their fruit processing business and hired and investment banker for this purpose earlier this year. They reportedly have a "non-binding purchase offer." The fundamentals are not good.

Sergio



To: Amigo Mike who wrote (2696)4/5/1998 11:35:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Mike, MATH is very interesting. I' m not going to play it but I thought that I would share our conversation.
Analyst upgrade on Fri. moved the stock up on vol. and closing price is just above resistance level. Earnings are due next week. Hmm...upgrade just before earnings. But wait, the analyst is also an MM on the stock. Confusing isn't it? But add the insider and institutional buying since Nov. thru Jan.

Sergio