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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: TRIIBoy who wrote (13131)3/31/2000 2:31:00 PM
From: Cube  Read Replies (2) of 18998
 
MDLK definitely has broken down here, and I cannot find why. Absolutely no news of any kind. Fundamentals and growth still look outstanding. I think they are in the quiet period now before earnings so their chance to warn about earnings may have passed. Today's trading has the look of insiders selling. The last few days have been heavily down on big volume. If management releases bad earnings, this selloff has to be insiders and their credibility will have been shot forever. If they release expected or better earnings, then the selloff is probably heavily margined dumb money being liquidated. This is a real crossroads here. Very interesting.

Cube
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