Post by
fibonnaci on Apr 18, 2013 2:12pm
aninsworth trading very well.....
homebuilders in states showed a tad bit of weakness yesterday, check the xhb index for the chart but they have led the recovery since 2011 but turned s/t negative for first time in 2 years... have the homebuilders topped out or taking a break? this also coincided with the cfp and wft moving below 50d moving averages recently.... all the while ainsworth continues to shrug off the weakness and hang around 4$.... very bullish piece in the latest "crunchers corner" by jennifer dowty in the investors digest.... she talks about all the wood and osb shares but specifically mentions ainsworth as a good performer that has lots more potential.... btw, dowty highlighted the fact that ainsworth was the largest western osb producer, as significant b/c of the proximity to asia... also, homes inventory numbers out soon in states could provide more impetus to move ans higher.... i am still looking for 5-6$ before the next quarterly report.... very bullish setup for osb imho.... glta
Comment by
PAGODA5 on Apr 18, 2013 3:12pm
The risk still is in the downside given the overall market decline and the close below 1540 on the S&P today which is anticipated. If the the market improves significantly, this goes higher but the risk on trade is that this may well be the last tree to fall. Dow down 95 and S&P @1539.
Comment by
BCsilver on Apr 18, 2013 4:02pm
3 big earnings out after the bell , that will tell us , where the markets go
Comment by
PAGODA5 on Apr 18, 2013 4:09pm
Chipolte Mexican Grill knocked the ball out of the ballpark! Mexican food is recession proof!
Comment by
BCsilver on Apr 18, 2013 4:17pm
Not much help Microsoft up 1% , Ibm down 4% Google up 3% , thats a wash but ya Chipotle up 7.5%
Comment by
oceaneleven on Apr 18, 2013 4:20pm
Chipolte Mexican Grill knocked the ball out of the ballpark! Mexican food is recession proof! Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32479532&l=0&r=0&s=ANS&t=LIST#tpuFigwBGrSb5ejy.99 They could be COOKING the books :0)
Comment by
PAGODA5 on Apr 18, 2013 4:25pm
They could be. The numbers are crazy good.
Comment by
PAGODA5 on Apr 18, 2013 4:28pm
DOW futures are selling off (down 135) but that can change overnight. The earnings are not bad considering. I think the market is getting some lofty expectations and that usually means bad things for a bull market.
Comment by
PAGODA5 on Apr 19, 2013 1:56am
Peace out. Market is going lower and I am going short. I am shorting the S&P at the open and the DOW
Comment by
fibonnaci on Apr 19, 2013 8:20am
when ans and the dow and the s$p are all up today, do you promise to go away and never bother us again with your stock advice???
Comment by
funthatsfree@yahoo.ca on Apr 19, 2013 1:23pm
Hes not giving stock advice. Its just doom and gloom, typical music played by bashers. Wait until Q-1 you will be rewarded well. JMHO
Comment by
PAGODA5 on Apr 19, 2013 3:11pm
What has happened is expectations are so high, whatever ANS reports won't be good enough. Typical sign of a bull market tapping out. I don't bash and I don't fall deeply in love with stocks like you. They are vehicle to make money. Once you loose that judgement, you are in for a rough ride especially in this market.