Multi-Day Momos Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Multi-Day Momos

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lawrence Burg who wrote (14)	3/19/1999 4:14:00 AM
From: Lawrence Burg	of 397

CVAN - Crown Vantage is a major producer of value-added paper products which operates in two business sectors, printing and publishing papers and specialty papers. For the 39 weeks ended 9/27/98, net sales decreased 5% to $649 million. Net loss increased 24% to $33.5 million. Revenues reflect a decrease in average selling price per ton. Net loss also reflects increased cost of goods sold and interest expense, and higher S/G/A expenses as a percentage of revenues. Sounds boring, right? So why is the stock breaking through the 50DMA? Why has the TA been screaming up the last few weeks. Definitely keep an eye on any building intraday volume w/this one. Shoulda seen this one 2 days ago. Need to get up over 200K in volume. They just got a listing extension from the NASD...need $5 by June. Best part of this technical recovery started only last week, so ya hafta kinda watch it intraday to see if it was just a buildup on the extension news, or there's really something brewing... Funniest thing about this one is that the last 4 post on SI mentioning CVAN are all misspellings of the word "can"...:o)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next