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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)
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To: Linda Kaplan who wrote (2541)3/27/1999 11:15:00 AM
From: Mike Moran  Read Replies (1) of 2911
 
Only two things jump out at me from the runup this week.

1. the stock has made a move at almost the same time of year in 1997 and 1998.

2. it appears that momentum players jumped in when the stock broke through 3/8 just like last year, but unlike last year where another Friday was a huge volume day, it appears that few momentum players decided to hold the stock over the weekend.

It does look like $.50 was a ceiling Friday. Does this activity forshadow a Commonwealth effect next week? Maybe.
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