Posted
May 20 2008, 08:53 PM
by
Dave Dispennette
Growth Stocks
CYBS @ $18.41 (Cybersource) provides risk management and electronic payment solutions for businesses that process sales transactions online. Revenues have accelerated 40%, 53%, 117% and 141% during the last four quarters. Earnings have also accelerated, climbing 50%, 67% and 100% over the last three quarters. CYBS has been a favorite of ours for some time now, originally featured on 1/31/06 at $8.89 and most recently on 12/17/07 at $15.80. We are buying more after today's pull back at these levels and will add to position on any further weakness that brings the stock down to the $16 level. Our stop loss will be set at $15.50.
Momentum Stocks
MXC climbs another $14.63 or 52% today, in a weak market. This stock has gone parabolic, climbing almost 1,000% in a month. We would be interested in shorting this stocks at these levels, but couldn't find any to borrow. Needless to say, if you bought this on breakout or today, you are crazy if you don't book profits.
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