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Technology Stocks : Nanophase Technologies (NANX)
NANX 1.733-1.0%Apr 7 5:00 PM EST
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To: taLuis who wrote (19)12/28/1997 7:34:00 AM
From: Lucky  Read Replies (1) of 322
 
I believe that many NANX holders were caught off guard by fridays rise,being that it was basically a holiday.Watch for NANX to gap down monday as these people try to capitalize on fridays spike.Also remember the analysts were forcasting $15 12-months away.Since we are already there there doesn't seem to be much point holding on to this stock any longer.
With all the shorts including myself I doubt that there will be enough buying left over from friday to push NANX up at the open.Once current shareholders see that NANX has lost its momentum this stock will fall like a rock as the race to lock up profits begins.
Lucky.
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