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Monday, November 16, 2009

GHM

GHM is starting to make a big move, and volume is increasing. There isn't any news that I am aware of. This has formed a short cup and handle pattern, but the cup is V shaped and the handle is awfully short, so this could be prone to a reversal.


GHM was knocked off the earnings list last qaurter after a coupke of quarters of negative growth. However, it's ROE has remained high and it's 5 year track record is quite good. I'll be watching this closely for a reversal in fortunes.

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