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Non-Tech : Nabi (NABI)

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To: tom dooly who wrote (113)3/28/1997 12:01:00 AM
From: The BayWatcher   of 354
 
We need some TA analysis on this company and I
would appreciate hearing what chart observers see.
I just charted NABI's stock price for the past 100
weeks and found that most of the time in the past 2
years the stock has traded between 9 and 10. The
stock seems to have hit bottom at 7 during the past
2 years. The last time it reached 7, the stock
rebounded pretty quickly to 9. Do other chart
observers see anything else?

Also, today Lehman downgraded NABI to outperform
from buy. I get it Lehman, buy at 12 and
outperform at 7 with no change in earnings
forecast. I see, at 5-6 levels Lehman will
probably issue a sell so their friends can buy it
at 5 and ride it to 12, at which time Lehman will
issue a buy. Since just about any jackass can
revise targets and estimates on a whim, I wish to
announce that I have just lowered my 6-12 month
target price from high teens to 12. My rationale
for this revision is that it's getting late and I
usually go to sleep arouund 12 or so, hence my
target price. I suggest buying at 6-8 levels
(which is my wake-up time) and selling at 12
although just between us folk on this confidential
thread, my whisper target is 11.
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