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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?

To: Tom Borst who wrote (1313)6/10/1999 11:11:00 PM
From: dabadabadoo  Read Replies (1) | Respond to of 2419
 
28% owned by insiders and 16% by institutions leaves >50% as float. so after the split to 2.8M total; that will be ~1.6M as float. still not enuff to offset exaggerated moves. well, now that the price closed <14 i can't feel too confident on where the bottom is; until today i thought it was 14. obviously a good price to buy; i wonder what was the rationale of sellers today. next week will be interesting TO WATCH with the split on the 15th and triple witch on the 18th.



To: Tom Borst who wrote (1313)6/15/1999 4:05:00 PM
From: VeloSpeed  Read Replies (1) | Respond to of 2419
 
Barring the CPI fears, this would probably have traded up to $16+ on much higher volume.

For the record, I don't expect a high CPI. As a matter of fact, I'm expecting a lower number that could possibly even squash the Fed's plans on raising interest rates at the end of the month.

We'll see tomorrow morning (and I'll have egg on my face if oil and apparel numbers are way up.)

-VeloSpeed


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