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Strategies & Market Trends : Mercer International (MERCS)

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To: Andrew Wallace who wrote (134)3/24/1998 9:18:00 PM
From: mongoose   of 196
 
me either that buyer obviously got filled it has done this before after a big buyer has been around check volume vs. price i think its from traders going short in to volume[no nasdaq stock can go more than 30 to 40 % in short run because of this] it will be over soon its not real shorts just traders making a paycheck. look at some charts to verify my 30/40 rule this stock ran from 10 1/2 + 35% =14.17 hope this helps in the future its almost flawless see ya
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