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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Bald Eagle who wrote (16775)10/13/1998 10:19:00 AM
From: Evan Dimmer  Read Replies (1) of 120523
 
SPLH

SPLH crushed estimates last quarter, beating them by 6 cents, and went up around 25% the day after the earnings report. They report tonight after the bell again, and the report should be pretty good again. It has traded up on kinda low volume the past day, but today only 400 shares have been traded so far with normal average volume above 300,000.

What's up with the low volume? Is this usually a good sign before earnings? No sell off? I've been noticing this with NMGC too. Should I take profits or stay for a possible nice surprise tomorrow? Would anyone enter this now as a hold through the earnings report?

EDIT It looks like two 50,000 share blocks just went through. Still I'd consider this low volume with only 3 trades going through so far today.
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