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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: ralfph who wrote (95)1/9/2001 8:25:38 PM
From: marcos  Respond to of 8273
 
Lor closed above its 50-day ma of 1.83, it didn't do that last Tuesday, also last week it didn't have out the 'Virulizin cures cancer' release ... the press could put that and a 34.5% rise together and come up with something ... the company has been around a long time, at least since '92 or '93 i think, as Imutec ... Virulizin is approved in México but not sold there yet, as there is no manufacturing agreement in place with a domestic company, yet .... a year and one month ago lor took off, made serious weekly white candles, on arguably lesser news but in a more receptive market for speckies ... all in all, i say friday's close is higher than today's, and monday's high above that.

stockcharts.com ... hmmm, open gap to fill here, between 2.75 and 2.89 ... however on the stockwatch daily chart there is another open gap, quite glaring, in March it gapped down from around 19 ... so take your pick -g- .... closing above 3.00 for the first time in a while can be quite bullish short-term since it gives people margin credit on it, for those with houses having the three-loonie limit ... this can give it that little extra push ... works the other way too, first closing bid in a while under 3.00, and look out below tomorrow ... i forgot this with jdx/ite last year, and badly misjudged the power of the slide.