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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: mph who wrote (5300)11/2/1999 10:33:00 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
mph:

PMIX: Has done well coming from th 1 1/8 level in October 1998.

The stock made a new H yesterday with the news of their staff additions (Frank Mainero on marketing)

It closed lower today, after it opened on the up-side and the attempted rally fizzled in the last 1/2 hr of trading.

The greatest volume today,however, both in the AM and PM was on the upside.

The latest quarterly earnings still showed a loss of over 2 million. They have about $23 million in cash.

Support is at the 4 3/4 to 4 7/8 level and resistance at 7

I hope that info will be helpful, but always do your own DD.

Good luck.

Bernard