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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: lebo who wrote (18722)11/18/1998 1:49:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
CNDS.. good choice but some caution here. I found this one a few times in my scans. I had support slated at 5 7/8 and it did hit 5 7/8 today. What I like about this stock is the chart shows the volume is strong, up volume high than down volume.MACD and MACD Histogram is good but there are are factors that are still nebulous to me:

You have too much insider sales on a stock so low:

Date Name Action Shares Type Price Value
6-Nov-98 COOK PAUL MAXWELL Planned Sale (144) 10,000 Common - $63,750
4-Nov-98 COOK PAUL MAXWELL Planned Sale (144)15,000 Common - $103,750
2-Nov-98 COOK PAUL M Planned Sale (144) 50,000 Common - $333,437
10Sep-98 COOK PAUL M Sold (S) 50,000 (i) Common 5.51 $275,500
9-Sep-98 COOK PAUL M Sold (S) 25,000 (i) Common 6.00 $150,000
8-Sep-98 COOK PAUL M Sold (S) 25,000 (i) Common 6.00 $150,000


I still like it and would consider picking it up because it broke support but just have some reservations.