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Strategies & Market Trends : Resource America (REXI)
REXI 9.7800.0%Sep 9 5:00 PM EST

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To: Andy Yamaguchi who wrote ()9/14/1998 9:32:00 PM
From: PaperProphet  Read Replies (2) of 220
 
I guess everyone went over to the Yahoo thread. Everyone over there seemed to turn markedly positive and expected a jump in the stock today, but REXI only drifted and ended a bit lower. I guess internet message boards may not have the impact many people think they do.

<tumbleweed blows by>

I heard several people say that the technical analysis looks bad, and I would guess that a straight drop would look bad from most technical analysis and a few other types of analysis. From a different perspective, technical analysis may also have helped (or may help) push this stock way below what the fundamentals say the stock should be worth.

Maybe the stock will be back up by the next quarterly report. I guess I'll join the portion of the investors who are going to put their shares in the attic for a while.

Does anyone have any insight?
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