Video Update (VUPDA) 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.

Microcap & Penny Stocks : Video Update (VUPDA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Thomas Kirwin who wrote (53)	3/11/1997 11:25:00 PM
From: Brian Channon	of 142

You have misunderstood me. I am not a technician and was only referring to the $6 3/8 resistance level referred to previously on this thread. The only point I was making was that the market may have fully anticipated (i.e., discounted) a positive earnings surprise in the runup in price from $3 15/16 to $6.00 (a 50+% increase) over the last five weeks. In any event, a positive earnings surprise is good news. If the price of the stock dropped by a half a point on good news, I shudder to think what the market's reaction would have been to an earnings disappointment.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next