Jump to content



Photo

Opinions on RANGY, GG and MNG


  • Please log in to reply
No replies to this topic

#1 thoughtpwr

thoughtpwr

    Member

  • Traders-Talk User
  • 1,269 posts

Posted 26 April 2004 - 10:29 AM

I was interested in opinions on these three stocks at they hit lows here. Schaeffer seems to have spotted weakness ahead for GG, which is in concert with its relative weakness. However, I am most interested in thoughts on RANGY, since at a PE of <5 and actually profitable, it appears that it may be undervalued relative to the other gold stocks. I was surprised at how many of them are still not profitable. RANGY has been in a long consolidation or bear phase for 5 months. It thought support was 9 and it has had relative strength compared to most stocks in the last several days, since falling through 9 and recovering. Please provide your perspective with evidence. Thx, EJ