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Biotech / Medical : RXSD Rexall Sundown

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To: Adelantado who wrote (196)12/1/1998 11:30:00 PM
From: DanZ  Read Replies (1) of 327
 
I'm not sure if you can ever really figure out why a stock goes up or down on a daily basis. However, it is likely that two things influenced the trade in RXSD today.

1. Twinlab released bad news after yesterday's close and the stock closed at 13, down 3 5/8 today.

www1.newsalert.com

2. The generally negative market couldn't have helped.

Still, RXSD held the low that it made on November 5 when it dropped from the 20's in one day. From a chart perspective, I would buy the stock but it could get ugly if it makes a new 52 week low.

Best of luck to all,

Dan
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