"Remember KTEL? 12 and change on Friday. In the 80's on Monday morning. Now at 7 1/2
after 2x1 split; effectively 15 relative to my example. What would you have done on Monday?
Buy? Sell? Hold? "
Perhaps you are confusing KTEL with ENMD? ENMD is the stock that opened at 85 from 12. It
took KTEL almost a month to go from 7 and change to almost 80 (see price history below).
FWIW, I sold ENMD short into the gap. Anyone that wakes up and finds they have a 7 bagger
gap up would be foolish not to sell.
Barb
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KTEL historical 4/8/98 to 5/5/98
04/08/98 600 3 5/16 3 5/16 3 5/16
04/13/98 3,556,200 8 1/16 3 1/2 7 1/2
04/14/98 10,844,800 11 1/16 7 1/4 10 13/16
04/15/98 15,951,400 12 13/16 9 3/4 9 13/16
04/16/98 5,498,200 11 9 9/16 10 9/16
04/17/98 9,513,000 14 3/4 10 5/8 14 3/8
04/20/98 28,412,000 24 3/4 15 20 13/16
04/21/98 14,396,600 24 3/8 20 5/8 21 15/16
04/22/98 12,284,600 24 3/4 20 3/16 22 5/16
04/23/98 7,929,400 21 3/4 17 1/2 18 1/8
04/24/98 7,046,400 16 3/4 13 1/4 13 3/8
04/27/98 16,853,800 17 7/16 11 1/8 17 3/8
04/28/98 11,996,200 20 1/2 18 1/4 19 1/8
04/29/98 5,147,400 19 3/16 16 1/2 16 3/4
04/30/98 4,909,000 18 7/8 17 18 3/4
05/01/98 25,231,200 24 5/8 18 3/4 24
05/04/98 14,934,000 34 1/16 25 5/8 33 7/8
05/05/98 25,744,000 39 1/2 28 1/2 33 15/16 |
