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Strategies & Market Trends : YEEHAW CANDIDATES
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To: Jibacoa who wrote (1909)5/10/2003 9:05:35 PM
From: Sergio H  Read Replies (1) of 23958
 
The insider selling and volume is likely from the tender offer that just elapsed:

"Keynote announced that it has commenced an issuer tender offer for 7.5 million shares, or approximately 33.0%, of its outstanding common stock as of February 28, 2003, at a purchase price of $9.50 per share in cash. The offer will expire on May 9, 2003, unless extended."

biz.yahoo.com

My apologies Bernard. I was looking at too many stocks at the same time. You're right, the top I was looking at is the March-April 2002 double top which is the next high from the current price and represents resistance. And I agree that the gap is support.

I think that the gap is now very fillable and that a buy at gap fill would be an excellent entry point.
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