JDN--- big volume on up days is great, people want the stock! Big volume on flat days is fine... big volume on down days says no one has faith and wants to get out while they can. Buyers are NOT lined up at this price but sellers are..... 11X26 @ 6 1/s indicates lower still... may see 5 range yet today...
Another news flash---
: NASDAQ Twenty Largest Price Percentage Losers At 3:00 PM ALEXANDRIA, VA, February 24, 1999 (COMTEX) -- Today's top twenty stocks on the Nasdaq Stock Market with the largest percentage price loss. Last Change Volume Pct TSIC 21 1/4 -10 5/8 685,700 -33% Twinlab Corp 7 1/32 -2 15/32 4,899,100 -26% Microage Inc 9 5/8 -2 11/16 687,700 -22% Northern Bank of Commerce 5 3/4 -1 1/2 16,100 -21% PETsMART Inc 7 5/16 -1 11/16 4,549,200 -19% Teltrend Inc 19 7/8 -4 1/4 219,600 -18% Telescan Inc 13 13/16 -3 1/16 427,300 -18% Horizon Medical Products 5 -1 1/8 34,400 -18% Brio Technology Inc 19 3/4 -4 910,600 -17% Advanced Fibre Comm 7 15/16 -1 5/8 10,347,900 -17% Black Hawk Gaming & Dev Co. 6 3/4 -1 9,900 -13% CTHR 11 7/16 -1 1/2 450,300 -12% Exactech Inc 10 1/8 -1 3/8 19,400 -12% Synergy Brands Inc 5 11/16 -25/32 1,684,300 -12% Chattem Inc 25 1/8 -3 153,400 -11% TAVA Technologies 6 7/32 -25/32 800,800 -11% Peoples Bank 29 -3 1/4 1,600 -10% WHCP 14 1/8 -1 5/8 27,600 -10% MTEX 13 9/16 -1 9/16 97,200 -10% RTST |