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Re: Shaka_Zulu post# 133

Wednesday, 03/13/2013 4:50:32 AM

Wednesday, March 13, 2013 4:50:32 AM

Post# of 1192
Well, this friday earnings are due out. A little skeptical they decided to release on a friday. If they miss again, it would just further push the tide out for the turn around to begin. Breese has done some very cost saving things, and the climate has been tough, especially for the Cali mandate has been more or less thwarted by the cali trucker's union lawsuit. On the plus side.. the new joint venture in europe will bode well... CDTI does better over seas anyways.

Chart wise... its hard to say, the weekly looks very strong.. especially the ADX. On the daily chart the 50 is still above the 200 day by a hair.. if they beat it could kick start a golden cross confirmation, but i remain skeptical... i still think this is a 20-30$ stock. but the market doesn't care, yet. The face that news is out on friday signals a miss. I dunno.. let see what the market tells us these next few days!