Re: [CANSLIM] AHMH


From: swingkid104@attbi.com
Subject: Re: [CANSLIM] AHMH
Date: Fri, 13 Jun 2003 09:31:25 +0000

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I see it differently.  I see this stock as already extended past it's pivot 
point.  I believe the handle occured from 5/5 to 5/21, with a breakout on 
heavy volume on 5/22.  The pivot point was $14.10 - the highest point in the 
handle (someone correct me if the pivot point is really $.10 above the highest 
*close* in the handle, rather than intraday high).  If you look at it that 
way, then the stock is already about 27% past it's ideal pivot point.  That is 
much more than O'Neil's recomendation of not buying a stock more than 5% past 
it's ideal pivot point.  Just my thoughts.

Chris
> Any thoughts on this one, sort of broke out today...But would have liked to have 
> seen more volume.  Long basing pattern.
>  
> Huge increase in sales last qtr...
>  
> Aaron
> 
> 
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