SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rick Faurot who wrote (2579)12/6/1998 10:44:00 PM
From: Nazbuster  Read Replies (1) of 90042
 
Rick,

I checked a bunch of their rumors. Of those I checked, 75% were in the dumps after the rumor. Here's a lulu:

April 22, 1998 NBTY INC (NBTY) $23 1/4 - strong rumors circulating that NBTY will report a great quarter. Eps to be reported tomorrow

On April 22, it closed at 23 7/16. On April 23rd, it opened at 23 5/8 and closed at 20. It then dropped to the 14's, rose to 23 again, then dropped like a rock. Today it's at 6 1/4.

So much for a good rumor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext