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Replies to post #2655 on CASH COW

Replies to #2655 on CASH COW
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PieSky

05/03/04 1:27 AM

#2661 RE: PieSky #2655

MORE SCANS (for Monday May 3)...

Three scan groups: Momentum, Volume, and 200 dma bounce


MOMENTUM












VOLUME - 150% ABOVE 60-DAY AVERAGE








PRICE CROSSED ABOVE 200-DMA

(pink)











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timhyma

05/03/04 4:51 AM

#2663 RE: PieSky #2655

piesky, thanks for the scans. I've limited your list (for me) to the nas plays- STEM, SVVS, LSBC, and LBIX (from your other scan). Don't know if I'll play any, as the market looks to edgy.

STEM looks interesting, but that whole sector depends on each other. I think it is a longer term type play. I like the bottom here though.

SVVS has a 22% short position on it, book value is negative, and management sold a bunch of shares at slightly higher prices. Things that make you go hmmm..., lol. Some high risk capital would have to play on it. I'm going to back off for now.


LSBC looks good, but don't see a huge buy signal on it. Very little debt and trading under 3 x book. Putting it on a watch list.

LBIX- looks like some legal stuff going on. Considering they have no cash- I would expect dilution to cover the court costs, lol. Also a low volume average, so tossing it from any more dd.


BTW- a couple possible long term plays I pulled: EIDSY and PHY. Thoughts?


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timhyma

05/11/04 9:40 AM

#2810 RE: PieSky #2655

piesky, your SVVS reported today. Looks good