Papa John's International Message Board

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Non-Tech : Papa John's International

PZZA 50.81

-0.9%

Oct 31 9:30 AM EDT

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To: Toby Zidle who wrote (24)	7/1/1999 10:42:00 AM
From: otter	of 32

My sentiments, also. My personal feeling is that stos rarely lie and bollinger bands rarely are broken without some retreat (as is occurring this morning). On the other hand, MACD & other indicators suggest upward trend may be starting. If I were to be drawing trendlines, support crosses resistance @47 or so. One other factor is the relatively high amount of open interest in July 40 calls. For a company this size, the number of contracts open is relatively high. Far be it for me to claim that market manipulation occurs.... But, there IS incentive for some unnamed individuals with VERY deep pockets to push the price of this stock down towards 40 - unless somebody knows something.... but I don't think so. Ain't nothin' clear here.

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