ATIS is on the move! Message Board

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Biotech / Medical : ATIS is on the move!

ATIS 0.1000

-47.4%

Apr 14 5:00 PM EST

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To: Bruce L who wrote (2136)	9/11/2000 10:09:07 PM
From: Bruce L	Read Replies (1) of 2205

Disappointing day, but..... ATIS gave up about half of yesterday's gains, but if you look at the intraday trading pattern, it isn't as bad as it looks. ATIS started out weak on low volume (40K) in the first half hour. Actually hit 7 1/2 in this first 30 minutes, which equals the low for the day and the closing price. But in the 2nd 30 minutes volume surged to 166,000 and the stock went to 8 5/8, the high for the day. A number of block trades in this period. Most of the decline thereafter occurred in the last hour when the overall NAZ market was tanking. Went from 7 7/8 to 7 1/2. But it was only on 15,500 shares in this last hour, almost half the volume of the next lowest volume hour. Mostly small trades and the MMs were more than willing to accommodate these sellers. Note: Money flow remained positive also for ATIS. Bruce Bottom line: IF the NAZ goes back up tomorrow - and I think it will - ATIS should perform well.

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