RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV Message Board

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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV

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To: Chuck Rubin who wrote (491)	6/27/1998 5:25:00 PM
From: Trumptown	Read Replies (1) of 1364

Chuck, we are in the summer slump (I'm surprised the dow stocks have held up so well). Many of the babystocks are much lower than a month or so ago. My take on the NUKE share price is this: We had a stock that was trading around .20 back in March. That was clearly the bottom. There was very little volume with large bid/ask spreads. When word started getting around, we firmed up pretty well around .50 or so. There was one day just before the big run where we ran into some short game or an outright sell that took us back to just below 3/8. Then we ran up to 1 3/4 based on the stock being recommended by Joe Copia. Now here we are back to .70 based on a negative article. The sell off was not very high volume compared to the run up to 1 3/4... If shorts are out there (as reported), they are getting rattled. I also noticed that the Stockdick didn't mention the reportedly high short position (hmmm). In summary, the price has been artificially taken down, much like when it was artificially taken up to 1 3/4. Logic would dictate that we've hit bottom again. I'll be surprised if we're not back near $1 by the end of the week or so...time will tell. SR

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