Mortgage Bankers Holding Corp (MBHC) Message Board

STOCKTALK

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.

Microcap & Penny Stocks : Mortgage Bankers Holding Corp (MBHC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SnakeInATuxedo who wrote (1087)	6/15/1999 6:00:00 AM
From: CIMA	Read Replies (1) of 1241

The Internet & Casino Stock Report June 15, 1999 Market Overview: While the long bond rebounded it was a near catastrophic disaster among Internet issues this afternoon. AOL (-9%), ATHM (-8%), DCLK (-20%), CMGI (-16%) , EBAY (-18%). The selling continues ahead of upcoming economic news. We are now in a position where a negative CPI number on Wednesday could send the Nasdaq into a tailspin. Today alone Internet issues dropped 8.7% bringing the total decline to 39% from their April highs. Mortgage Bankers Holding Corp (MBHC) +28%, the stock is now trading at 40 cents and is once again threatening to break out of its trading range on heavy volume. Tomorrow is once again pivotal as a close over 40 cents sets an upside objective of 60 cents (the old high). A move about this level targets $1. There is some talk that the company's website will be back up and running sometime during the next several days. This rumor remains unconfirmed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next