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Highway Holdings Limited Message Board

  • younghedgestar younghedgestar Aug 3, 2006 12:42 PM Flag

    HIHO next momo stock 8-10 first stop

    eom

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    • would like to be the first one to believe your pumping, but you are wrong. i just sold my holdings at a nice profit after initially being very bullish on the earnings this morning. they are a good company heading in the right direction, but today's earnings had too much help from one time circumstances such as exchange rate. plus i believe orders were pushed back or booked in this quarter that should have been logged in the previous quarter. the last report showed only $4 million in oem metal and electronic sales. this quarter over $7M. but the last quarter of the year they had the benefit of including the sale of the watch brand name in the yearly report. plus look at the pump and dump earlier this year. the pr that came out from primezone seems overdone to me. still think it is a $5-7 stock, just after they prove earnings for a few quarters. $.08/share does not excite (earnings without currency rate help), especially with such an increase in sales. will definitely buy back in the mid 3s.

 
HIHO
4.56+0.05(+1.08%)May 23 4:00 PMEDT