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Strategies & Market Trends : CHRB, going above $5.

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To: Michael J.Harkins who wrote (36)4/7/1997 12:01:00 PM
From: Mohan Marette   of 145
 
I don't know any of you noticed CHRB is having a hard time maintaining $3.00, what seems to me,is the resitance level.Keep in
mind,the stock traded as high as $60.00 presplit. Now that CHRB is
a thinly floated stock with some 3 million or so shares available for
trade,wild flutations seems possible.I don't think any institutions
will be interested in a stock trading under $5.00,with a thin float
to boot.Will we ever see $6.00,hard to say!
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