StockTrade

Friday, December 01, 2006

Best and Worst performed stock


Best: En Pointe Tech (ENPT) 101.52% from 2.64 to 5.32 Wow!


Driven by quarterly financial release 25% increase of profit.

But with 100% increase of price, means the stock is badly undervalued.

Yahoo/Finance doesn't have complete financial data.
Insider hold: 50%
Institute: 9.3%

The previous jump might be because of report of profit.

Worst performer: OmniVision Tech. (OVTI) -16.39%

Wow! It's one of the components of FIN 7230 course. Chose by 50,200 MA.

Reason: OmniVision , which mostly makes camera modules for cell phones, missed estimates on both the top and bottom lines. Much more important, though, were the spiked inventories and the nasty guidance, which went to the range of 16 to 23 cents per share vs. the analysts' consensus of 33 cents.

It has several powerful competitors.... But is this the reason for lower profits? Need to take a look of the competitors.

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