Wednesday, January 5, 2011

+ANR +YGE

Today's action was more like it. Indexes +32 +21 +6.

Trades: I bought ANR and YGE shares. ANR because of the 269-734% earnings growth which should drop the P/E from 69 to 26. YGE because of the growth and value (forward P/E falling below 7).

I had a limit buy in for IPHI - missed it.

My accounts are fully invested except for the money for the IPHI buy.

Reversal alerts: Most of these have very modest earnings growth, only CVGI is better in that respect but is not a bargain with a forward P/E of 55. The rest:BWS CRBL EXPE PETS MSFG UNFI CPSI KFRC HEI  TYL CMG & ARM. Have fun diamond mining.

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