It should be an interesting week for stocks.
Not only on the whole stock market with the credit and interest rate issues but also and more importantly for us the stocks that I have a watch on.
It has been just over 4 months since our 5th pick for the stockdoubling blog. (April 9th)
Out of the 5 stocks mentioned at that time, 1 has doubled (TSSW) 1 is down (AYSI) and the other 3 are up (DFNS, CAGC,AIRI)
DFNS, CAGC, and AIRI all have their quarterly #'s release this week so it should be interesting.
I only own DFNS at this time. But I would expect to see good #'s from the other 2 as well. (Though I haven't really followed AIRI that much)
I think all 3 of those stocks will have BIG revenue increases the key will be if they can turn that into EARNINGS.
I have no idea what the earnings will be on any of the stocks. It will depend on if they are issuing more shares, more expenses than first thought etc..
On DFNS specifically the company continues to announce new orders and the CEO continues to say that things look good for the future. I will take him at his word if they are turning that new revenue into EARNINGS we have a winner. If not then we will have to wait it out for a while.
DFNS needs to announce by August 15th so we will see what happens then.
Have a good trading day
Steve Hoven
alleycatnews@alleycatnews.net
Monday, August 13, 2007
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