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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Bidder who wrote (20256)10/18/1999 7:34:00 PM
From: LANCE B  Respond to of 25711
 
I HAVE BEEN TRYING TO PIECE TOGETHER
A LITTLE BIT OF AN OPINION ON RECENT PRICING..
i already knew that the stock had opened considerably lower
the day after it reached a new high and there was just a small amount of volume afterwards to have stock go down just a little from there,but i think that the news of the ex-ceo going somewhere else might have led some real close friends of his that were holding just to dump their shares...this would explain the fall from .40 cents to the .10 range...the ex-ceo was the reason for some of the previous problems with the companies debt...not sure how long he was replaced
but every news story this year has had the new man charge in the p.r,
but judging from the chart,i would think that the .40 cent range is
or was suppose to be where the support would hold it,so still trading under that range too..