DSHL auto sector rebound; AI, CVM
Aug 28th, 2009 by beststockreport
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August 27, 2009
DIAS Holding, Inc. (OTC:BB:DSHL)
Price: .02
Comments: Nice news update today from DSHL – the one-stop supplier for the automotive and other industries, today said it expected to see an “inevitable recovery” in world market revenues to near “pre-automotive market crash levels” as its last quarterly report has demonstrated a quarter on quarter improvement in total sales. DIAS Holding’s sales topped $14.4 million in 2008 before turmoil in the world auto sector caused the company to experience what it now believes was a temporary slowdown in total revenues – read full news release. Companies like American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) and Dana Holding Corp. (NYSE:DAN) (see charts below) have already seen very strong rebounds and its only a matter of time before DSHL follows suit.
Microcap Madness
Its that time again – I’m seeing microcap madness in the markets in the last week or so. Lots of great runners like FRP, TKO, VG, ZHNE and the list goes on. Currently we are in CVM, one of our favorite microcap biotechs and we just purchased some AI (currently .49/sh) – a financial that has lagged for some time. Every time the broad markets start to fail we are seeing financials run hard. No need to fight the tape, so as financials are running hard, we are buying them.
Good luck and happy hunting! – Dave Reiner
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