NICE SURGE IN VOLUME!
450,700 shares traded versus 30 day average of about 100,000 to 150,000. To boot, ALDA touched $6 today, closing just a hair under. My granddaddy always said *Follow the money*
30 day ALDA trading history follows:
06/16/97 299,800 5 3/4 5 7/16 5 1/2 06/17/97 73,800 5 9/16 5 7/16 5 7/16 06/18/97 81,900 5 1/2 5 3/8 5 1/2 06/19/97 64,200 5 7/16 5 3/8 5 7/16 06/20/97 136,600 5 9/16 5 3/8 5 9/16 06/23/97 143,800 5 5/8 5 7/16 5 5/8 06/24/97 138,100 5 11/16 5 1/2 5 1/2 06/25/97 81,600 5 5/8 5 1/2 5 5/8 06/26/97 103,400 5 5/8 5 1/2 5 9/16 06/27/97 88,100 5 11/16 5 1/2 5 5/8 06/30/97 127,000 5 5/8 5 9/16 5 9/16 07/01/97 24,600 5 5/8 5 9/16 5 5/8 07/02/97 59,300 5 5/8 5 7/16 5 9/16 07/03/97 58,400 5 9/16 5 7/16 5 7/16 07/07/97 58,900 5 5/8 5 7/16 5 7/16 07/08/97 74,000 5 9/16 5 7/16 5 9/16 07/09/97 157,400 5 11/16 5 7/16 5 1/2 07/10/97 51,700 5 9/16 5 7/16 5 9/16 07/11/97 41,000 5 9/16 5 7/16 5 7/16 07/14/97 150,800 5 9/16 5 7/16 5 7/16 07/15/97 450,700 6 5 7/16 6
So, do you think those insiders knew something all along? Follow da money.
Meadows |