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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (531)	3/29/1998 8:35:00 PM
From: Arthur Radley	Read Replies (1) of 1720

Evening Rainier, I'm a stronger believer in the story behind PolyMedica(PM) however it has been holding within a tight range over the past few months. However, within the past month 3 analyst have issued strong buys on the stock. Analyst are from small firms. Volume is usually very low in PM with ADV around 30,000 shares. However, last week in nearly doubled on three days with Friday being a very interesting day. Volume until last 5 minutes of trading was only 20,700 when suddenly 60,000 shares traded at the ask price. I would greatly appreciate your TA on this stock. Thanks in advance.

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