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


To: RCJIII who wrote (23156)12/28/2000 1:47:54 PM
From: Ken W  Respond to of 29382
 
Robert:

PNO...everytime the stock moves to 3.50 ask, the size at the ask is 209k shares. The stock trades a few shares at that price, then falls back toward 3. Thus I surmise the large overhead at 3.50. Being that the stock is so thinly traded, it appears that there are some 10% traders that will not allow the stock to move above 3.50. They are buying just over 3 and selling just under 3.50.

OMNI I'll have to take a look at.

Ken



To: RCJIII who wrote (23156)12/28/2000 1:55:18 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Robert:

OMNI needs to break over 1.50 on double to triple volume in order to go to the top band at 2..otherwise it will move back toward 1...also did you see the filing dated 11/29/00 to sell 200k shares by an insider?

Ken