Oink, Oink, I'm a pig for another day.
33 3/8x 33 1/2 (rt); COMS AT 33 1/2
I like when I see those large spreads:-)
kudos to Steve Porter..."33 resistance no big deal"
Matt, RE: fore merger rumors
It is probably true that Fore is undervalued in relation to the Berkely purchase. COMS has been living with a similar problem for a while; perceived weakness when there is real value. Seems that to convince the market otherwise, improved earnings need to be seen, or some big news of big contract, etc.
Possibly, Fore went down because the rest of the market was going down as when COMS revisited 25 or so.
Stocks right now are going up because of the rate-cut phenomenon, IMO. So, it makes it hard to know if Fore is going up due to rumors or a better market. All, I'm saying is that if I suspect a stock is going up from primarily rumors, then that's not good. That's why I don't really like these COMS rumors...besides the fact that they are a bunch of BS, IMO, it's harder to tell why it's going up or down.
joe |