The Aggressive Trader Vol. 2, No. 75

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The Aggressive Trader

 · 24 Jul 2021

  

Ken Deen's          THE AGGRESSIVE TRADER(tm) 
"Seeking double-digit profits in one to four months" 
Vol. 2, No. 75   April 29, 1993   10:00am New York Time 
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Market Stance:  Neutral 
********** 
ALERT ITEMS: 

   Marginable Account (editor's personal account): 
      * SELL 200 New York Bancorp (AMEX: NYB). 
        Today I sold all 200 shares at 28 5/8.  I had bought these shares 
        Jan. 29 at 32 1/8 (Vol.2 #19). 
        After this trade, the account value is $35,788.  Of that, $24,463 is 
	long stocks and $11,326 is cash. 

   IRA Account (editor's personal account): 
      * SELL 200 New York Bancorp (AMEX: NYB). 
        Today I sold all 200 shares at 28 5/8.  I had bought these shares Jan. 
	29 at 32 3/8 (Vol.2 #19). 
        After this trade, the account value is $39,358.  Of that, $24,463 is 
	long stocks and $14,895 is cash. 
********** 
TRADING IDEA ITEMS: 
(These are NOT buy recommendations.  They are merely suggestions for your 
further research.) 

   DESI(tm) Buy Candidates (The following stock(s) are "day 2" DESI(tm) buy 
   candidates.  See Monthly Status Report ("What Is the DESI(tm) System?") for 
   explanation.  The DESI(tm) market barometer for day 2 is red.): 
      * Empi Inc. (NASDAQ: EMPI, $44.00) 
        EPS:97, RS:87, GR:195->198, PE:35, Medical Instruments 
        Comment: EMPI would be a strong buy were it not for the weakness in 
	the Medical Instruments group and the weakness in the market in 
	general.  Yesterday, the stock soared 4 1/2 points on four-and-a-half 
	times average volume, in response to quarterly earnings of 46 cents 
	vs. 17 cents on a 142% gain in revenues.  This represents a breakout 
        from a 4-month base.  The earnings and sales numbers represent 
	a continuation of the recent trend of rapid and accelerating growth. 
	In spite of the jump in price, the trailing P/E dropped from 40 earlier 
	in the week to 35 today. 

   Breakouts (The following stock(s) have excellent sales and earnings growth, 
   and have just broken out from a six-week or longer base.): 
      * Empi Inc.  See DESI(tm) Buy Candidates  

   Climactic Selloff/Rebounds (The following stock(s) have excellent sales and 
   earnings growth, are in long-term uptrends, and have just had a climactic 
   selloff-and-rebound.): 
      * Clayton Homes Inc. (NYSE: CMH, $23.00) 
	EPS:94, RS:54, GR:6->16, PE:21, Bldg-Mobile/Mfg&RV 
********** 
New York Bancorp 

   NYB is a DESI(tm) stock.  The computer-generated DESI(tm) sell signal has 
not yet arrived.  When it does, I will publish another Alert with a "DESI(tm) 
Buy/Sell Signals" Alert item. 
   Today, however, I am selling prematurely in my personal accounts due to 
disappointing earnings.  Yesterday, the company announced quarterly earnings 
of $1.01 vs. $.97 a year ago.  This is well below the previous earnings 
growth rate. 
********** 
Previous Alert: Vol.2 #74 (April 28, 1993) 
********** 
*** To all who download this newsletter *** 
   On May 1, 1993, this newsletter will be available only for a subscription 
fee.  There will be no further uploads on or after that date. 
   From now through April 30, 1993, I am offering at-cost subscriptions (very 
very inexpensive) by e-mail, fax, and postal mail.  These are alternatives to 
downloading.  E-mail via Internet is free during this trial period. 
   Monthly Status Reports (available in printed form only) are an essential 
adjunct to these timely bulletins.  Among other things, they review the stock 
holdings and historical performance of each newsletter account.  To receive a 
free sample Monthly Status Report plus an at-cost subscription form, just 
send your paper mail address. 
-Ken Deen 
********** 
   The Aggressive Trader is edited and published at irregular intervals, but 
at least monthly, by Deen Capital Management, Inc.,  P.O. Box 4791, Santa 
Barbara, California 93140, (805) 565-2039. 
CompuServe: 72020,2050    Internet: 72020.2050@compuserve.com 
   Deen Capital Management, Inc., its principals, employees, affiliates, 
and/or clients may have positions in securities recommended herein and may 
make additional purchases and/or sales in these securities.   
   Recommendations made in this publication involve a high degree of risk and 
may result in losses.  Readers should not assume that recommendations will be 
profitable or will equal past performance.  The information in this 
publication is collected from sources believed to be reliable, but neither the 
accuracy nor the completeness of this information is guaranteed.   
   The Aggressive Trader, Deen Earnings Surprise Index, DESI, and DESI-3 are 
all trademarks of Deen Capital Management, Inc. 
   Copyright (c) 1993 Deen Capital Management, Inc.  
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