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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: scouser who wrote (15800)	6/11/1999 9:20:00 AM
From: Ken W	Respond to of 29382

John, I'd be very careful with LPAC at this point. Take a look at the weekly and monthly charts. STOCH's and RSI are showing very overbought. There is no short interest in the stock as it has just moved over the 5 level recently. These stock will be a short sell target at the first sign of weakness. Given the move of the last week of nearly 30% just makes it even more tempting. Book on the stock is .91 and price to sales is a bit high. I don't know what has been driving the stock as the last report was in May, but also notice that the move up is loosing volume day to day. I have put this on on my sell short list. Ken