FRSH Message Board - Msg: 1777588

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Microcap & Penny Stocks : FRSH

FRSH 12.34

-0.2%

3:59 PM EST

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To: TATRADER who wrote (125)	7/16/1997 8:59:00 PM
From: Richard Mazzarella	of 531

Mark, I think I know what's going on with FRSH stock today. If you look at the market response to good news in the past one can see a pattern. Good news takes the stock up sharply, then the stock declines to 50% of its move. This has happened a few times, enough to condition traders to that behavior. What's different this time is that the earnings support a price much higher than what's current. Habits are hard to break however and when someone learns a market trick they play it over and over again until it fails. These new FRSH earnings should have that game end soon IMO.

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