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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.549-11.9%Nov 4 3:55 PM EST

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To: JKraft who wrote (221)11/5/1997 2:46:00 AM
From: GR  Read Replies (1) of 279
 
good volume today.technically macd is neg,but assuming the run up was from 20 to 93 cents a 50% retrace would bring us to 57cents...48 cents is pretty close(i think 93 was the ask,so mayby 90 would be more accurate).i hope the stock is stalled here waiting for a good earnings report.a profit,which if memory serves correct was hinted at by the ceo in that stockman report would put this over a buck imho.lets hope.
anyways,volume increase can precede a runup.
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