I see BEHL only has two market makers at the moment. They have that new Press Release out.
I see BEHL only has two market makers at the moment. They have that new Press Release out.
Stock up over 400% since beating estimates the last time, and also stock up over previous quarter despite earnings in the wrong direction (-300%)... can't complain.
Last edited by Dr. Dave; 11-05-2009 at 10:08 PM.
+FCF, break even Q , would have been a better eps had we not been charged 123MM on debt extinguishment( just an accounting charge) and all this on the worst Q of the year. Q4 is always the best, and this particular Q4 is shaping up to be the first ever with a profit. although i dont like todays candle, we should see this run post CC. im still not trading this, my short term play is the options which are down right now but im not worried as they expire in march. next year should be also +EPS for the year , that will also be a first obv. no way i can sell this stock with a great 2010 looming. oh yeah , after siri pays something like 88MM in debt in dec , there will be none due for a couple of years
when i say worst Q of the year, 3rd Q has always been the worst in regards to fundamentals. this particular Q is our best Q period up to date.
Last edited by bassmaster; 11-05-2009 at 09:10 PM.
key indicator MACD is almost at a buy signal.
Last edited by bassmaster; 11-05-2009 at 09:10 PM.
Only thing I don't really like is where it bounced on the last set of fibs, if you draw out a price channel... I'd like to see the price a little higher soon... riding a trendline and also pulling up to about the 61.8, then back are sometimes indicative of dropping out of a channel or triangle. If it does come back to the line again, let's hope we see a hammer, and then an up confirmation. With the candle looking like it does, I wouldn't consider this to be a breakout from the previous mini-triangle/channel. We saw this type of reversal in the ships a little while back.
Last edited by Dr. Dave; 11-05-2009 at 10:12 PM.
More for the good though - if it continues higher, it will be on the way to completing the bigger 1,2,3,4,5 which isn't marked on the other chart that I usually post. The upside of the channel I just posted is in the $1 range... which is good. I'll mark them on the above chart - you want to see 4 higher than 1 technically... but this channel is pretty wide. EW is better for indices too.
Here's the other chart for reference...
Last edited by Dr. Dave; 11-05-2009 at 10:10 PM.
Did you say you had march calls?