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lundi 2 novembre 2009

UPDATE on DAN F WCS.A NRI LVS

With surprising profit reported by Ford, i am under the impression that the parts manufacturer like DAN (NYSE) and WCS.A (TSX) would have benefitted from it and their quarter reports will also show good improvement.

To be monitored carefully and i expect a great bounce back from DAN.

Next buy signal is 6,59$ with volume over 2M shares.

Regarding NIR(TSX) clock is ticking and after last week anything can happen. I think their chances of getting approved are about 80-20. Expect a really volatile week and maybe the right time to enter some buy at low level (between 0,05 and 0,10) because there are no support on the way down and if rejected it will go down like rock for 1-2 days then will climb back to the 0,18 level. If you were lucjy to get some at 0,,8 then sell at 0,18 that would be a great profit for only a matter of days.

LVS (NYSE) is confusing me. It seems that bad reports are coming one after another and shorters have taken that one really down. If it does nto recover with this week to a price around 18$ then i will lower my expectations to 30$ end of december.

Have a good one.

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