Value Microcaps Motherboard

[abh3vt]

Wade, HA made a double top near its 52 week high and traders sold it off....its part of normal trading, especially in this current environment. There aren't too many other stocks in this market that can say they are close to setting a new high! Its still in a nice uptrend that got a little bit extended. We'll probably need the earnings report to push through 7, IMHO.

BTW - if you want to look at cash per share that's fine, but don't ignore the debt! CA are about even with CL, so the quick ratio is just below 1. I wouldn't say or imply that HA's BS is clean....its not, and that is part of the reason it trades so cheaply.

The key for HA is to hope that summer travel to Hawaii isn't too impacted by global issues and that jet fuel costs continue to drop. Q3 is their biggest quarter....and they report monthly traffic numbers that are helpful in getting a handle on how business is trending.