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Strategies & Market Trends : BOSTON MARKET (BOST) OVERVALUED AND UNORTHODOX ACCOUNTING!

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To: Mike Harkness who wrote (31)10/22/1997 4:01:00 PM
From: Timothy R. West  Read Replies (1) of 53
 
SEE!!! Technical Buy Signal on BOST: technicaltim.com

I just put a buy alert on BOST to buy BOST if up on the day and if volume is greater than the 2 million share average volume at the end of the day of purchase.

BOST is down 3/8 today to 13 5/8, so the buy could trigger tomorrow if BOST is up on the day.

BOST should not touch 12.75.

40% of BOST's floating supply of shares are sold short (19.5 million of 48.5 million float). The short interest fell last month by 1%, suggesting the NEW CEO installed in October could lead to a squeeze of the shorts.

To see just the chart and not the homepage (CLICK HERE!!!) technicaltim.com

Let's see what happens on the earnings release on the 30th.

Good fortune to us all.

Tim West
technicaltim.com
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