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Microcap & Penny Stocks : HDRN-Hadron-BB Transformation
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To: MarcG who wrote (8)10/2/1997 9:32:00 AM
From: MarcG   of 39
 
Continued from previous post:
From IBD's Aug. 25 edition's "Investor's
Corner" topic-"A Stock's Daily Spread
Can Give A Clue About Its Potential."

Jeff Cooper, head of Cooper Trading Inc. of Malibu, CA said: "The expansion of the trading range on breakout days leads me to believe the move is genuine. The action tells me there are few willing sellers at the higher price."

As posted by Buy_Low_Sell_High on the BIPL thread: "It talked about "key" trading days where an issue emerges on heavy volume from price consolidations of at least 7 weeks. Two aspects should be looked at 1) did the spread widen in comparison to previous days? 2) did the stock close near its high for the day?"

I suggest you draw your own conclusions
relative to HDRN or other stocks.

MG:
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