TACO - Taco Cabana Message Board

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Non-Tech : TACO - Taco Cabana

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To: ChrisJP who wrote (12)	3/1/2000 9:24:00 PM
From: ChrisJP	Read Replies (1) of 17

Hmmmmmmm ...... let's see now ...... if a $6 stock loses 1/4 point/day, in 24 days, roughly 5 weeks, stock price will equal ........ ? The chart looks bad ! siliconinvestor.com I took a chance today that what happened is known as "capitulation". With no short interested reported in this stock, the downward pressure must have been caused by institutions slowly trying to get out. Today they stopped being slow about it, and maybe they are done. If true, then the selling pressure is over, and buying can begin again. So I bought 600 shares at 5 3/8. I think I saw the after hours ask at $6. If false, then there will still be more selling .....

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