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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (24864)8/24/2002 6:35:24 PM
From: Joe Copia   of 25711
 
PKS, one thing that is for sure is that PKS was $12+ on 8-12-02 and had an earnings warning that drastically dropped it to the $5 area the following day.

That is quite a drop on a modest "warning" and most TA folks would say "that is a gap to fill" or "knee-jerk response".

Now with that "gap to fill" synergized with the PKS news of Bill Gates buying I'm guessing she opens in the $8-$9 area and the "gap to fill" is filled.

Cya Monday!
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