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UA

Started by nullzero, August 02, 2006, 02:30:04 AM

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nullzero

UA
Cramer just had a couple mins today dedicated to saying how over priced UARM is and how the growth was slowing. Cramer comments although many times worthless or flat out wrong. He usually doesnt stress enough to the point of a previous bullish stock to take profits. I think UARM will see a break of strong support and a big downside possibly in the next few days to weeks, due to fearful longs and mass panic selling into market fears and the realization of the extremely speculative nature of a clothing company with a high PE of 78.47. The chart looks like its at a juncture point either its going to bounce back slightly up in the low 40.00s or head down big on a break of strong support. The risk and reward is really nice on UARM looking at the chart you can see there is very STRONG RESISTANCE at 43.50. Let the SHORTING BEGAN on UARM! I will probley get in tomorrow  >:D.

nullzero

To add another note on UARM... insiders cashing out BIG TIME on UARM stock.

http://finance.yahoo.com/q/it?s=UARM

7,672,640 shares sold in the last 6 months by insiders... not good for longs. Good for shorts  >:D

nullzero


setravis

Changed Ticker Symbol.......

'UARM' is no longer valid. It has changed to UA

Now listed on the NYSE

Back above the 200-day MA
IBD aside this stock has a growth in earning of about 2% a month and that goes right to the bottom line. This is a strong brand and I like the company and its future.

52wk Range: 32.20 - 54.00
Volume: 1,066,802
Avg Vol (3m): 984,058
 
Technicals
Last Price Quote is:
5.37%above 13-day MA
4.89%above 50-day MA
RS Rating: 23 

Fundamentals
Key Data:
Market Cap (M): $2,198.93 
P/E Ratio: 56.47 
PEG Ratio: 2.24464 
Next Earnings: 07/25/2007
Last Analyst Rating: Buy

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis