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what do you know about this stock... i need advise im doin shortterm investment ready to buy on monday if its gonna MOVE at all .... what do u think??

2007-11-24 09:38:30 · 3 answers · asked by Livefor2day 3 in Business & Finance Investing

5% drop isnt tanking when its small cap........... it was like 3 cents down the stocks worth 4.90 a share..............

2007-11-24 10:26:37 · update #1

3 answers

Based on my Technical analysis, the stock is poised to fall even more, or hang around $4 per share for the next 6 months. Money appears to be flowing out of this stock at the moment as well.

Per the Quarterly report filed with SEC on Nov 5th, their gross profit for the most recent quater fell by 20%!!! That is why their price is falling. It makes recovery slower.

They are in the business of supplying food to air craft for passengers. Oil has impacted their costs significantly, since airlines's costs have gone up due to oil. This oil dependancy make its even worse.

All the above clearly means that right now is the worst time to invest in this stock. My adivce to you is stay away from this stock until June/July 2008.

2007-11-24 10:34:41 · answer #1 · answered by Anonymous · 0 0

The charts are not good. Forget Monday, for sure. And, think on the following -- are you buying the company or the stock? Maybe you love the company. Some love Google or Apple. Become enamored with the company, its products, its image. Nice. Go to work there then. Marry the boss' daughter. But buy the stock? Ahh, that is different. Look at the charts without passion. Are there better? You bet. Go find them.

2007-11-24 10:46:04 · answer #2 · answered by ZORCH 6 · 0 0

it tanked 5.05% on Friday while 6/7ths of all the stocks in market went up. not a good sign.

looks like it has reached the depths of the 2006 lows. given Friday's tank, I suggest you wait to see if the old low proves to be a support level or if the shares whistle right past it like nothin'.

not so obviously, the lowest possible price is ZERO.

2007-11-24 09:47:21 · answer #3 · answered by Spock (rhp) 7 · 0 0

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