APCO Automobile Protection Company Message Board

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Non-Tech : APCO Automobile Protection Company

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To: Kulnor who wrote (1365)	3/4/1998 3:53:00 PM
From: James Strauss	Read Replies (3) of 3351

Too Much Good News? Pascal: I guess one could argue that you can never have enough good news, but in the stock market we tend to get good or bad news in bunches near buying or selling panic tops or bottoms... We may be experiencing that with APCO at this time... After a long dry spell, APCO is benefiting from a string of positive news releases... You point out correctly that these high volume days will most likely be limited because they are far removed from the normal trading volume... The 10.00 psychological barrier will need another QTR of good financials to vault past it... About a month ago I said APCO would see 12.00 in the next 3-4 months... We made the first leg of that journey... There is likely to be a profit taking pullback somewhere into the 8's... This will be another oppty to add to positions... Jim

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