Go to Jeff Salisbury LWGate Home Page.From: rjjick@att.net
Subject: Re: [CANSLIM] STST
Date: Sat, 09 Nov 2002 19:50:45 +0000
Previous Article (by Author): Re: [CANSLIM] Back-Burners; Steady-Eddies; Rocking-Chair "Tom Worley"
Top of Thread: [CANSLIM] STST Ian
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Hi. Just to introduce myself: Jeanne Jickling, a long-time lurker, who enjoys this board and values it for educational reasons, thanks to the many generous contributors. Ian: I checked STST on the Investor's Business Daily website which I access as a subscriber to IBD. STST rates a C+, a 72 score. EPS 87, RS 91, industry group strength D+; Sales,Profit Margin,Return on Equity A, Acc/Distribution B+. Letter ranks: Technical C+, Fundamental C, Attractiveness B-, Group Technical C, Group Fundamental C. > Hi all: > > I can't even remember the last time I proposed a stock to the group ... but here > goes: > > STST is a Nasdaq Small Cap stock, with an ADV of just 7000 shares, trading at > $9.30 right now. I do not know their EPS/RS numbers as IBD doesn't seem to print > them anymore for the Small Caps. > > The company is Sensytech (STST - Nasdaq Small Cap). They are a defense > contractor that manufactures passive surveillance systems - early warning > systems, airborne imaging systems, communications reconnaissance systems, > shipboard support systems etc... The current interest/growth in homeland > security seems to bode well for Sensytech, as their backlog has increased a > whopping 635% through the first 9 months of the year. > > For their June Q this year, they made $0.16 per share on revenue of $9,000,000 > (compared to $0.08 per share on revenue of $4.1 million a year earlier). > > They currently only have about 4,000,000 shares outstanding, but they did file a > share registration in late August to issue a secondary of 2,000,000 shares. I do > not know the status of this, and realize that it is definitely a 'question mark' > on the stock right now. > > With this week's Republican victory in the House and Senate, I've got to figure > that these 'under the radar' defense/security stocks have a big chance of > becoming insitutional darlings over the next 2 years, as their revenues and > earnings ramp. I have no idea what the current institutional interest in STST is > though. > > The chart is very interesting to me right now. They have been flat-lining for > many months now, with $9.25 as a 4-month resistance level, and with $10.46 as > the 52-week high. There have been 3 days in the past week (including the last 2 > days), where ADV is much higher than normal (around 20,000) - so there has > definitely been some accumulation going on. There is resistance here at the > $9.25-$9.30 level, again at $10, and at the high of $10.50. > > I suspect they will report Q3 earnings next week. > > For those with a tolerance/taste for "illiquid CANSLIM", STST is one to watch > for a significant, sustained increase in ADV, and a penetration through support > levels. > > > Cheers, > > Ian - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Author): Re: [CANSLIM] Back-Burners; Steady-Eddies; Rocking-Chair "Tom Worley"
Top of Thread: [CANSLIM] STST Ian
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