With a Teenie MC of $4M , just 100M SOI and decent contracts in the bg, the only place this can go now is UP...surely HOLDING
PKD has broken a lower degree downtrend with a strong impulse. I'm expecting more upside for this one.
The Long/Short Equity spread of AKRX/PKD has just broken out to a new high and finished Friday's trading session at the high of 12.82. Akorn Inc (pharmaceuticals) has reported consistently good earnings with an EPS change of 80% in the last quarter and also an annual ROE (Return on Equity) of 27.1%. It trades at a slightly higher P/E ratio of 48 which has been...