PIP had a recent breakdown with its 2.50 support, but sustained the 2.08 with its heavy support at 2.00, this was still a good stock with EPS of .35 for year 2010, a whooping around 8PE ratio, but the only problem is that Sugar pricing raised to its bubble price, and commodities are forming a bubble also, still PIP is still cheap even though we lower the EPS for 2011.
BUY - Trade the range from 2.08 to 2.50 resistance. A 20% return.
VLL broke down also when MEG, FLI and other properties did their own breakdowns, VLL is still heavy short term downtrend, and major support still pegs at 2.20, with this kind of market, we are not sure when we are going to breakout and get away with short/medium term downtrends, but at 2.20, this is earning .30 EPS for 2010, even we lower it, its still a good buy, the interest rate increase and lowering sales targets are the only threat to this stock.
BUY in dips and oversold levels and sell on resistances.
BDO looks so good in the charts, I can assume that i held its 46-47 major long term uptrend support, it is now playing around 49, and its still a BUY for me if it goes below 48. At 2010 EPS of 2.58, 18PE ratio, above the average, still the 2011 growth could lead this to 60.
No comments:
Post a Comment