Re: [CANSLIM] Any reason why I should not buy APPX?

From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] Any reason why I should not buy APPX?
Date: Thu, 15 May 2003 10:45:35 -0700 (PDT)

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Roger, let's hope we are right :).


- --- Roger <gagnonr001@hawaii.rr.com> wrote:
> Tomas
> I see very little wrong with APPX no stock is
> perfect I picked up 2000 share at 26.92 in premarket
> it was worth a try for me
> Aloha
> Roger
>   ----- Original Message ----- 
>   From: Tomas 
>   To: canslim canslim 
>   Sent: Wednesday, May 14, 2003 6:09 PM
>   Subject: [CANSLIM] Any reason why I should not buy
> APPX?
> 
> 
>   APPX has very good fundies.  It has 15.13/18 from
>   Katherine's CE (8.80/11 CEF and 6.33/7 CET), not
> too
>   shabby.
> 
>   The chart looks good too.  Looks like left cup on
> 1/30
>   at $27.75.  Pivot point at 5/5 at $26.2.  BO is
> today
>   to $28.54 with heavy volume.  Still within the %5
> to
>   buy.  The handle was trending down.  There was
> even a
>   shakeout day on 5/8 (down on heavier volume but
> still
>   ended up on the higher price range of the day). 
> The
>   CwH looks good.  The only thing bad about this is
> that
>   the handle is only about 6 days.
> 
>   Management owns about 71% of the stock, mainly by
> the
>   CEO.
> 
>   What do you guys/gals think?  Any reason why I
> should
>   not buy it tomorrow?
> 
>   I read somewhere about the IBD curse, this stock
> is on
>   the "Stock in the News" today.  Should I be worry
>   about that fact? 
> 
>   tomas
> 
> 
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