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


To: Magnatizer who wrote (9681)10/19/1998 11:57:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
David,

Since we are submitting watch stocks..TMAR supports the oil sector in that they provide marine transportation of equipment, workers etc. to offshore rigs. Book on this pup is 15ish! and it is trading in the 6's. ROE, ROA is great. Yahoo shows eps of 2 to 3 times earnings of 2+. A break above 8 on volume looks to be the up move or 5 support for a trade up to resistance around 7. It hit that wall today. Short term is a bit overbought and turning down, Longer term is oversold and just turning up. A coin toss at this point. Now if we can just get the oil sector back up and humming this one will go back to book at least.

Ken