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


To: Sergio H who wrote (7871)8/19/1998 9:33:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Sergio,

I'm watching three for tomorrow. MPML reported .04 vs .01. A
gold stock that has been beaten up. Halted most of the day then
gapped from 2 7/8 to 3 1/32 on open. Volume is terrible, but may
be good for a daytrade if noticed. SATH came out after the bell
with poor earnings per share, but increased year over year on
much larger rev's.

The one that is really interesting is AMMB. The stock has been
beaten down thru "guilt by association" in the financial sector.
but has had several press releases today denying any write down
against residuals as the others in the sector are doing. Just
to bolster the denial the co has authorized the purchase of
1 million shares of their own stock. Presently at 20 and very
oversold, I am betting on this one for the morning. The fundies
on the stock are stellar also. Less than 15 PE, ROE above 15%
High margin. Rumors can be a bad thing or a good thing if
played right.

How was the tennis game? You're home early.

Ken