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Microcap & Penny Stocks : APA optics...APAT...very interesting..any thoughts.......
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To: golfinggramps who wrote (210)11/24/1997 1:33:00 AM
From: Duane L. Olson  Read Replies (1) of 342
 
Hello again, Jim. I don't know if you do much with charts but here is
the current one on APAT:
207.95.154.130
The chart is interesting because, among other things, the Bollinger
bands are beginning to narrow again. This happened previously in June
and October, just before significant moves upward. In any case, the
rise of the lower Bollinger band now provides strong support under the
stock price. As a minimum that makes the stock a risky case of "dead
money" for ShortSellers... And possibly a good run-up candidate for
the momentum players.. All of which is irrelevant to the long term
investors <g>
Keep that thought of January golf drifting through your dreams,
Jim. The day will come! And I'll give you periodic updates as you
welcome the wife in from current snowblower operations.
Just keep hitting 'em <g> Duane
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