Tuesday, November 13, 2007

Looking for stock to short!

ESE:
Today I just was searching for stocks to short. Based on technicals it is a
good point to short and it may have support at 30 and buy stop at 39.
yoy growth is -ve and other fundamentals looks not great. PEG is 1.66 which
is high for this stock.
PPC:
Another one PPC which reported profit but because of raise in corn price
may cut its profit. More demand for eathnol bad news for this stock.
MSM:
MSM below 50 and 200 dma and 50dma is crossing 200dma. Bad news is
estimate is below street view. Another candidate for short.

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