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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Eric P who wrote (12200)3/7/2001 9:06:53 PM
From: Jon Tara  Read Replies (2) of 18137
 
Maybe FD will lead to a return to investing on fundamentals.

I used to follow an odd-ball illiquid stock, that was quite amusing to watch. (Though it was like watching paint dry...)

DTUN - Detroit and Canada Tunnel Corporation. They operated the tunnel between Detroit, Michigan and Windsor, Canada. They have since been bought-out.

The stock used to trade in a stair-step. Every quarter, they would come out with their earnings report, and the stock would stair-step up or down, and then trade at the same price for the next 90 days.

Talk about an efficient market, LOL!
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