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Strategies & Market Trends : Mercer International (MERCS)

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To: mongoose who wrote (139)5/31/1998 11:07:00 PM
From: Andrew Wallace  Read Replies (1) of 196
 
Hey Mongoose,
Spoke to Rene two weeks ago. Seemed very optimistic. Things are looking good for 1998. Whats up with the trading the past week or so. Looks kinda disturbing. High volume and down significantly. Any thoughts? I would think money managers would be noticing MXBIF right now and would be scooping up shares. I wonder if the MM's are playing games! Alot of buying at 12 then dipped to 11.5 then back to 11.75. A close of 12 on Friday would have made me happier.
Andy
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