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Biotech / Medical : AVANT Immunotherapeutics Inc. (Nasdaq: AVAN)
AVAN 10.040.0%Jun 12 9:41 AM EST

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To: johnlag who wrote (285)2/13/2000 4:04:00 PM
From: D Lewis  Read Replies (1) of 513
 
ten is kind of a magic number psychologically
negative: a lot of profit takers like to act at 10,20,30,40,50 etc.
positive: conservative margin departments like to see stocks stay stable above 10 for a while before putting on the marginable list. A lot of investors want buying power that it gives and funds other than microcaps funds start looking. patience is rewarded!
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