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What do you think?

 
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MMMike



Joined: 20 Dec 2004
Posts: 3
Location: EU

PostPosted: Fri Jan 14, 2005 7:34 am    Post subject: What do you think? Reply with quote

ANNRF is up 100% since Dec.15,2004:

http//bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=annrf&time=&freq=

But itís still very cheap-only 0.60$/share, while: book value per share is 4.78$,

Check the last earnings report dated Nov.6,2004

http//www.alre.bm/releases_2004.html

Very Happy [Enterprise Value of the company = -41.13M (yes it is MINUS 43.78 MILLION DOLLARS) because it has 2.16$ cash per share and no debt at all

http//finance.yahoo.com/q/ks?s=ANNRF.OB
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MMMike



Joined: 20 Dec 2004
Posts: 3
Location: EU

PostPosted: Sat Feb 19, 2005 8:05 am    Post subject: How high will ANNRF go? Reply with quote

Finally an info I've been waiting for:

http//yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=3440762&Type=HTML

After careful analysis of the above:
Book value of ANNRF should be about $2.50/share. And after getting rid of all unprofitable business (recaptures) ANNRF should break even in 2005 or maybe even show some small profit (that is my opinion).
Hence it should be $3 dollars stock.
ANNRF is going up recently:

http//bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=annrf&time=&freq=

And it should go even higher:

http//quotes.barchart.com/texpert.asp?sym=annrf

Serious comments are welcome . Wink Mark
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dtdtrader



Joined: 15 Sep 2004
Posts: 24

PostPosted: Sat Feb 19, 2005 8:24 am    Post subject: Reply with quote

Only the market can tell us for sure. My only notes would be that the morning star pattern was formed with the stochastics not in an optimal position (less than 20). However, the bearish engulfing pattern was formed with the stochastics above 80. Those stochastics are now turning down. Tuesday should be an important day. I, for one, am hoping the markets will sell off next week which should create a very good upside scenario for March, which can be a good month.
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dipstick
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PostPosted: Sat Feb 19, 2005 9:49 am    Post subject: stock value Reply with quote

The value of the stock is given on the right hand side of the chart as a number that represents dollars and cents.
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tab321



Joined: 22 Jan 2005
Posts: 368
Location: Texas

PostPosted: Sat Feb 19, 2005 7:19 pm    Post subject: Candle Signals - What do they say? Reply with quote

MMMike

Are there any candle signals on this stock that you wish to discuss? Is there a morning star signal or an evening star signal on the chart? Something like that should provoke some thought on this forum.

Moreover - if you are looking for fundamentals, see Uncle Bill @ IBD. Uncle Bill is the fundamental man. Bigalow does not do fundamentals unless a company is just obviously going flat broke and then he may just steer clear to see how things turn out. In other words, a morning star is a morning star regardless of PE Ratio, EPS Earnings, Book Value, etc.

It seems as though you have not read Bigalow's recent newsletter.
He addresses this issue:
Quote:
Candlestick signals are the result of a simple premise. Investor sentiment is going to change based on price movement. The best company in the world, one with great earnings expansion, is going to have price movements that do not correlate with the rhetoric that surrounds that company.


Dipstick makes a Valid Point:
Quote:
The value of the stock is given on the right hand side of the chart as a number that represents dollars and cents.


Candles would have put you in this stock on December the 15th or so and you would have trippled your money by now if you wanted to invest in a stock selling for 30 pennies. Bigalow does not really mess around with stocks below five dollars unless it is a special case. Going on fundamentals....that approach is getting you into the game pretty late. And, based on fundamentals...Uncle Bill @ IBD would not mess around with a stock selling for 30 cents either.

Put some money in it and let us know how it works out.

TAB
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sailorboy



Joined: 30 Jan 2005
Posts: 30
Location: Malta

PostPosted: Sun Feb 20, 2005 2:29 am    Post subject: ANNRF Candlestick Signals Reply with quote

MMMike

My views on this stock are simple.

1. I would not trade a stock of this value. Too risky, but admittedly it can equally make you money. The risk factor does not seem right to me.

2. If one had to analyse the chart, - during Mid December it showed interesting candles with stochastics below 20. It quickly moved to an over bought situation and sold off to the 10 day simple moving average.

It picked up again in early February and with the exception of the candle on the 2/10 (which should have stopped you out) the stock showed no real weakness. The candle of the 2/18 is not a sell signal although it did not close at the top end of its trading range. I normally put in fairly tight stops when I see this these candles, but that is just my style. You may very well see a gap up following a similar candle to that of the 2/18. One must remember though that stochastics shows an over bought situation so be ready to bail out on the first signs of a dip. You can always get back in again after a pull back.

Good trading
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MMMike



Joined: 20 Dec 2004
Posts: 3
Location: EU

PostPosted: Sun Feb 20, 2005 1:33 pm    Post subject: Reply with quote

Sailerboy,

Thanks for your valuable input. Your technical analisys is very accurate.
In my trades besides technicals I always want to know fundamentals and also what is going on with the company. And as I already pointed out:

http//yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=3440762&Type=HTML

After careful analysis of the above:
Book value of ANNRF should be about $2.50/share. And after getting rid of all unprofitable business (recaptures) ANNRF should break even in 2005 or maybe even show some small profit (that is my opinion).
Hence it should be $3 dollars stock.

TAB

I already have a position in ANNRF @ about $0.80/share. I will let you know when I would sell.

Thank you both for interesting posts.
Good luck in trading.
Mike.
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tab321



Joined: 22 Jan 2005
Posts: 368
Location: Texas

PostPosted: Sun Feb 20, 2005 3:45 pm    Post subject: When to Sell Reply with quote

Mike

Good luck with your trade. As for when to sell......that is always a hard thing to do....especially with a cheap priced stock. It will be interesting to see how the candle signals serve you on this one. If it were me, I would watch Volume along with Trend Lines and the Major Bearish Signals. I always sell the good ones too early and keep the bad ones too long. It is tricky to pick just the right time to get out.

TAB
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