MRY

[Terliso]

BUSINESS SUMMARY:  
Memry Corporation engages in the design, development, manufacture, and marketing of products and components primarily for the medical device industry. Its shape memory alloys product line comprises betatitanium alloy, semifinished materials, wire, strip, tube, formed components, and subassemblies. The company's specialty polymer extrusion product line includes co-extruded tubing, total intermittent extrusions tubing, thermoset polyimide tubing, single lumen, multilumen, taper/bump, braided reinforced tubing, and wire coating. It also offers medical device products, including stent components, catheter components, guidewires, laparoscopic surgical subassemblies, and orthopedic instruments, as well as complex, multilumen, and multilayer polymer extrusions used for guidewires, catheters, delivery systems, and various other interventional medical devices. In addition, the company provides engineering services to assist customers in the development of products based on the properties of shape memory alloys. It also provides sealing devices, actuators, and fasteners to the telecommunications, aerospace/defense, and automotive industries. Memry Corporation sells its products through direct sales force and sales representatives in the United States and Europe. The company was incorporated in 1981 and is headquartered in Bethel, Connecticut


Memry Corporation Third Fiscal Quarter Revenues Up 10% to $14M; Net Income Up 107% to $1.5M or $0.05 Per Sharehttp://biz.yahoo.com/prnews/060504/flth025.html?.v=33

[traderjbr]

It seems the fundamental outlook is improving for MRY,also the long term chart looks strong  as well.The first thing that pops into view is that very large "W" pattern that has formed.This one has kinda got me stumped,Im not an avid IBD follower but their form of a Double Bottom Base seems to fit here.The stock jetted up from a late Aug 04 trendline test which ran up to 2.80 in Dec 04 starting the left lip.The leg down from there to B1 in May 05,back up to Aug 05 for Pivot,back down again to B2 in Dec 05 and back up to the present,which looks to be near completion time.W or no W if this breaks above that red line on appropriate volume,this will be nice.

[traderjbr]

Multi-year breakout underway..

[traderjbr]

Stockcharts point-n-figure price obj.   5.13

http://stockcharts.com/def/servlet/SC.pnf?c=MRY,P&listNum=

[beroznikmal]

choppy markets are only good for strong stomachs...
this think broke 2.70.. went to 2.84, then went back to 2.70...
it now back at 2.80...
What will it end up no one know...

Cheers
B

[bocasva]

Bulls are winning so far,  MRY is now having a second intra-day breakout....currently 2.87

[beroznikmal]

2.90 buddy...
cross your fingers.. power hour is arnd the corner....

[traderjbr]

This looks strong,may finish over 3 today at the current pace

[beroznikmal]

$2.97.

[traderjbr]

This stock hasn't seen north of 3 in over 5 years,fwiw

[traderjbr]

This might stay overbought a while before it takes a rest.It's still looking strong here

[traderjbr]

I think it's fair to say after the passing of 2.80, MRY also completed a long term ascending triangle,with the touching of 2 upper and 2 lower trendline points.This being a more widely followed pattern I would use it for establishing the next target area.

[Terliso]

Updated Chart:

Let see what we got here

[Terliso]

Ohhh yeah!!! 

[Terliso]

MRY