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Strategies & Market Trends : RBM's Page of the future

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To: RBM who wrote ()10/1/1998 1:56:00 AM
From: RBM  Read Replies (1) of 45
 
MOBI,

Okay, it looks like we traded about a third of the float today, and dropped about 1/3 of the price, so it could be completely a legit. drop based on that if it was all selling. The downgrade took it to a hold by Montgomery. According to the charts, it went up around the 24th, and has been in the nine range until today. Heaviest Vol was in the am, and then it seemed to settle in this 5 7/8 to 6 range, and closing on the 6. Volume didn't crack a million, but was WAY up for this stock. Earnings are there, but with vol under a million, may not attact much attention other then the price drop and the downgrade...

Any opinions?

Rob
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