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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: RCJIII who wrote (10207)6/8/1999 10:44:00 AM
From: Mac  Respond to of 52051
 
ARTM - is still my favorite. The MM,s have effectively dried up the volume with their 23% spread. I think they are trying to accumulate or cover but are not having much success finding sellers. When the earnings news creeps out I think this thing will fly. It is probably some of the best value on the entire US board. Stocks usually start to run about 6 weeks before earnings announcements, which takes us into next week, if the MM,s get impatient to fill, it could happen sooner.
I like the fact that there is no volume at the bottom. Any volume coming in will advance the stock quickly.