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Technology Stocks : Hastings Entertainment (HAST) -- Ignore unavailable to you. Want to Upgrade?


To: LemonHead who wrote (7)11/29/1998 12:52:00 PM
From: LemonHead  Read Replies (2) | Respond to of 63
 
A must read from a new SI friend I will call CD for now.

LemonHead,

I couldn't agree with you more about your assessment of Hastings.
They seem to have everything going for them!

1) Great support for three major brokerage firms, all of which currently have buy recommendations on the stock.

2) Insiders have been buying this stock for the last few months, and there has been no selling (at least that I have seen thus far).

3) The fundamentals of the company look good, its so tough to find a web stock that actually makes money!

4) Some of the institutions that own the stock are value players, not momentum, says a lot about what they think the company can/should do against where they are currently valued.

5) Both the way the stock trades, and how the chart looks is great. I think this stock is poised to break out in a big way!

So you know - I currently don't hold any of the stock, hope to get some Monday morning. My brokers have been recommending it for about a week now. One of them is an internet analyst, and his partner is a pure trader. They think its going higher, and they are usually on the money. Hope they're right!

Best of luck to you!
Cheers!