Re: [CANSLIM] NTST

From: "Steve Goodwin" <sgoodwin@cfl.rr.com>
Subject: Re: [CANSLIM] NTST
Date: Thu, 14 Aug 2003 20:54:24 -0400

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Ron,

Asking for someone else's opinion is fine as long as you, the individual
makes the final decision based on your own knowledge, skills, and
background.

Yes, I did notice the small float in my quick scan of this stock and yes
that would have changed my opinion a bit if I had let it sink in better.
This stock shows good RECENT fundamentals but the new contracts news means
nothing without solid delivery.

Best of luck!

- - Steve

- ----- Original Message -----
From: "Ron Brown" <rbrown@neb.rr.com>
To: <canslim@lists.xmission.com>
Sent: Thursday, August 14, 2003 5:41 PM
Subject: RE: [CANSLIM] NTST


> Hi Mike,
>
> I own NTST and I want to share with you why I bought it.  You spotted a
very
> good candidate, and when you see a stock like this breaking out, go for
it.
> DO NOT ask anyone for their opinion, just buy, and then manage the trade.
>
>
> The links below are to www.xdrive.com.  Click on open to view each chart
> individually after the page appears.
>
> NTST Analysis.gif
> http://plus.xdrive.com/s/895548237H4U8cGCzyLZsqzJQT9m&partner=xdrv
>
>   NTST Today.gif
> http://plus.xdrive.com/s/89554827792QfpfyQOp0iMNAQzNh&partner=xdrv
>
> NTST has been under accumulation for quite some time, it broke out of a
> consolidation area when earnings were announced, and it is now following
> through.
>
> The first chart is my analysis, and the second chart is a daily chart
after
> today's breakout.
>
> These are the reasons I bought NTST.
>
> 1.  A strong gap up when earnings were announced on 8/05/03.  The volume
was
> 10 times normal volume; over 1/2 million shares on a stock with a float of
> only 3.5 million.  This means there are many new shareholders in the
stock.
> If the gap was defended, or if a flag formed on RELATIVELY light volume
> compared to the earnings breakout day, I thought NTST had a good chance to
> go again.
>
> 2.  Great earnings acceleration, a strong group, a dividend of 1.5%, ROE
of
> 16, Price to Sales of 1.1 etc.
>
> 3.  NTST digested the gap move up, held its ground as volume became
> relatively quiet, and was setting up to go again.  Volume came in today,
and
> you spotted the pivot buy point.  With all this going for it, the breakout
> had a very good chance to succeed.
>
> You don't get many chances to pick up 20 plus percentage points in a day,
so
> go for a good stock when you see the volume coming into it.
>
> Ron Brown
> Ron@HighGrowthStock.com
> www.highgrowthstock.com
>
>
>
>
> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of
> michael_niemotka@baxter.com
> Sent: Thursday, August 14, 2003 11:26 AM
> To: canslim@lists.xmission.com
> Subject: [CANSLIM] NTST
>
>
> It appears that NTST is breaking out from a pivot of $7.28 on huge volume,
> but when I look at the chart, I am concerned by the high volume that
exists
> in the handle area. From what I remember, you would like to see volume dry
> up, preferable below the 50dMA.  I see this as a danger sign to the
> success, but as of this writing, it is up to $7.54.
>
> Any thoughts?
>
> Mike
>
> Mike Niemotka , PE
> Sr. Principal Engineer
> Baxter Healthcare Corporation
> Route 120 & Wilson Road
> Round Lake, IL 60073
> Tel (847) 270-4075
> Fax (847) 270-4525
> michael_niemotka@baxter.com
>
>
>
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