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


To: Sergio H who wrote (8992)9/22/1998 11:56:00 PM
From: James Wright  Read Replies (1) | Respond to of 29382
 
I hate to say this, but one of the stocks I have liked has now broken below its prior support of 12 1/4, and is dropping under heavy selling pressure. NMGC may be a good short candidate, although the fundamentals for NMGC are excellent.

SIRN reports tomorrow. Today's action, and my own research, suggest good news.

-- Jim



To: Sergio H who wrote (8992)9/22/1998 11:57:00 PM
From: Amigo Mike  Respond to of 29382
 
Hi Amigo,

You are right that IFCI could be explosive. It appears they may possible beat there earnings estimates by 50% or more for the rest of the year. There newest acquistion has apparently been picked up quite cheaply provided there are no hidden surprises.

Just seems people are afraid to buy right now. APCO and IFCI both should be near double figures at minimum right now. I am disturbed by the silence from APCO of late too.

Man I wish I had more time to keep up with things lately. I guess it is good in a way ..... protect myself from loosing money ;-).

Amigo Mike