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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3414)12/15/1997 11:41:00 PM
From: SpecialK  Read Replies (1) of 7396
 
Mark,

MRVC touched down at 21-ish, big volume today of 1million, IMO, it will rise to 24-25 area within the next week or so. Fundamentally, nothing has gone wrong, technically and NASDAQ trends have led it down. In fact, at the shareholder's meeting, they cleared up some confusions and stated that they are on target. Time to buy. It will see 30 by end of January as earnings will come out and beat estimates.

Ketan
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