Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1241)	10/15/2009 10:27:40 AM
From: Jibacoa	Read Replies (1) of 1404

MHR is up for 2nd day on a roll as it trying to retest its OCT 12 H of $1.82 Volume is low at less than 1/4 its ADV In spite of the lower revenues for the last 3Qs and the higher loss in the last Q, the insiders had been buying, but I am thinking of cutting off my small remaining position as it seems it will be hard for it to report good comparison numbers for the 3rdQ in spite of the recent acquisition.<g> bigcharts.marketwatch.com I had in mind a 'target' of $2, but if the stock can't go over its recent H, I will take profits.<g> bigcharts.marketwatch.com Bernard

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