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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (38082)1/26/2000 10:29:00 AM
From: bearshark  Read Replies (1) | Respond to of 99985
 
Heinz:

I was watching the opening on CNBC and a fellow was talking about good deals at the open. One he noted, in his opinion, was EPIC. It opened at roughly 6 1/2. The fellow noted his firm controlled 3 percent of the stock. As he was talking, the stock just leaped. It went to around 10 by 9:45 with some 100K blocks going on the tape.

I think it peaked at 12 so far with 10 million shares traded. It now looks like it is attracting buying at around 10.

Edit:

This is not a derogatory comment on the analyst. He simply provided an analysis of some stocks and this stock had an interesting story.