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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs

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To: Cosmo Daisey who wrote (710)2/27/1998 7:29:00 AM
From: Ernest Nycz  Read Replies (2) of 900
 
Coz,

technical update. stock traded at HUGE volumes Thursday.

ERGB's float is 1,800,000 shares, and 430,000 shares traded. I would say that was a rather large volume day? what do you make of this?

short covering? new buyers? new sellers?

technically, a HUGE volume day which closes higher is bullish, right? maybe this is a confirmation of the reversal?

Ernie
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