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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs
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To: Scott D. Hakala who wrote (787)3/25/1998 9:41:00 AM
From: Cosmo Daisey  Read Replies (2) of 900
 
Scott,
Looking at the trading patterns of ERGB and the nice moves on small volume in the past it would have been so easy to hold the price above margin levels with small purchases. I am not suggesting manipulation but just looking at the past patterns. The chart and the news is telling this technician that someone or some group is out to get Mr. McMillan or knew his margin requirements in advance and dumped the stock to pick up his shares cheaply. Perhaps this will clear out the stock for more normal trading.
CD
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