Friday, December 12, 2008

Penny Stock Pick - SFI

iStar Financial (SFI)  looks like a stock that is poised to make a come back after dissappointing performance this year.  

First of all the three month chart shows the stock has formed a bottom around $1.  Then the technical indicator KD shows the stock is still in a rally.  The insider transactions also show bullish sign with lots of buys from directors and officer in the month of November.  

Looking at the financial chart although the latest quarter report shows the company is still losing money, the cash level is still strong.  This is probably the company that may survive the storm.   

1 Comments:

Blogger TheTriviaBlog said...

bought at 1.22, sold: 3.24
so you again at 1.2 :)

8:30 AM  

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