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Market Overview

MRM a $15-$20+ stock - FIT new information - JVA 58% super-trades winner

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1) MRM (which made a new high of $11.30 today (77% gainer from my original call), before pulling back with the market)
- One of MRM's closest competitor is ANEN. ANEN did $0.30 EPS in their last quarter Read Press Release and MRM did $0.29. ANEN closed today at $15.84 and has a target of $20 by some analyst with average EPS estimates of $1.02 for this year. Analyst Price Targets - ANEN
Analyst EPS estimates - ANEN

Both companies have the same EPS, the same bullish outlook on the future. As MRM gets noticed, I believe they will catch up to ANEN in price ($15-$20) and it rightly should based on performance. And if 1.5m float MRM has been getting shorted the last few days, it could surpass it.

RFMD, which is also in the same sector, today said demand is higher than expected Read Press Release. This sector is growing even in this economy.

2) FIT - Released a nice presentation today. Can you say Obama health care play?
Read Presentation

3) JVA - Hit $4.95 today, now a 58% gainer from the super-trades buy Read Blog Post

- Don't chase my stock picks - I am far from 100% accurate and www.super-trades.com is a free blog where I document my stock ideas/trades, it is not investment advice
- When up on a stock pick I always take some off to protect profit and manage the rest

 

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