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Technology Stocks : Optical Cable Corporation - OCCF
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To: ChrisJP who wrote (274)1/24/2002 10:23:54 PM
From: Terrapin  Read Replies (1) of 449
 
I didn't realize that they had that kind of discretion in timing their sales. I thought they had to sell when the margin call came through.

If what you say is true then we will see an area of resistance below $3 that could last quite a long time.

At some point we are going to have to figure out what is a reasonable price for this stock. It is going to be very hard for those that bought ~$1 to hold when the price is above $2. A 100% gain in this market is quite extraordinary.

Terrapin
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