StockTrade

Thursday, November 30, 2006

Best and Worst performed Stocks






11/30/2006

Best: Durect Corp. (DRRX) +23.16%








Reason: (8-K) issued a press release announcing positive results from a Phase I clinical trial evaluating an abuse-resistant opioid pain drug candidate based on DURECT's patented ORADURâ„¢ technology. A copy of DURECT's press release is attached as Exhibit 99.1

MA200 should be flat with support of 3. Last two days volume and candle stick shapes. Especally previous day have high volume with candle stick hammer feature.

Total cash: 83.56M
Total Debt: 58.27M
Held by insiders: 17.12%
Held by institutions: 56.40%
Cash flow: -7.21M

Downward moving potential dries up. Safety margin should be high at close prices of previous 5 days: 3.80, 3.77, 3.78, 4.02, 3.99. Upward moving potential is not known. But since it is a pham firm, it should be a big move when it happens. The 5 days time frame should give chance to build position. However, the difficulty lies how to detect this gem. stockcharts.com has excellent scanners. But which one can be most useful?

Worst Stock: Select Comfort Corporation (SCSS) -17.68%

Reason - Outlook for next quarter sales is not good. "The Minneapolis-based bed retailer said same-store sales during the first eight weeks of the fourth quarter ending with the Thanksgiving weekend fell 9% from last year. Total sales in the period rose 6%, while total unit volume increased 8%. The company cut its full-year earnings outlook to a range of 80 cents to 87 cents a share and said it now expects fourth-quarter same-store sales growth to be below the low end of its long-term growth targets. "

MA200 looks top at around 25 and starting a downward development. Without decent recovery and valume after hugh drop happened most recently.

Foundamental is so good.

This stock will bounce back ....


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