Monday, April 20, 2009

Bet on Vegas?

The market worked its way higher again, for the sixth week in a row. We begin the week with the futures looking lower. We advise caution. Despite this we like GCA, VLTR, and DGIT if they trade above their opens by 10:10 AM.
GCA (5.23) Both gaming and electronic cash processors are sharply off their bottoms. To us GCA represents a solid performer in both areas with a PEG ratio less than 1 and trading less than 10 times earnings.

Smartcrest Equities

GCA and VLTR seem to have rounded bottom formations.

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