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


To: Jibacoa who wrote (23588)1/24/2001 3:19:35 PM
From: Jibacoa  Read Replies (1) | Respond to of 29382
 
ADAP: Had a nice move in early morning although it has faded some in the afternoon.It seems it has bottomed at the 3 1/4-3/8 level.

It is still below book.Insiders hold 35% and institutions 60%. There is 6% short ratio, so we may see some SSQZ.

In the last reported Q they had a $2.6 million gain, albeit it included a $7.9 million non-recurring gain <g>

Its March H was 104 7/8. I guess we could be satisfied if it can go back to its Dec.11 H of 10 1/4 <g>

Bernard