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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (817)8/8/1999 11:25:00 AM
From: xcr600  Respond to of 1438
 
WSTL had news on Aug 2 that should have caused a pop in the stock.

biz.yahoo.com
biz.yahoo.com

Stock popped above nine briefly, then traded between 8.50 and 9.00 all day before being hit with some pretty good volume before the close that drove it to the lows of the day. Bandits laying out more of a position? Seems like it as the stock has been soft since, but so has the markets.

If I play this one, I might avg into it between 8 and 9. 9 seems like a long way off in this market though. Hence the avg.

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