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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mattie who wrote (26727)12/31/2001 11:57:18 AM
From: TechTrader42  Read Replies (2) | Respond to of 52237
 
On Nov. 30, when you announced that RBOT was breaking out, it opened at 4.08 and closed at 4.1. It then proceeded to fall for several weeks, hitting a low of 3.12 yesterday. That made for a decline of 24 percent. Were you stopped out? Today, it's still below the "breakout" point of Nov. 30. Right now, it's at 3.61 -- still a decline of 11.95 percent from 4.1. Funnily enough, it still seems to have the wild spread it had Nov. 30. The bid is now 3.61, and the ask is 3.78. If you buy at the ask and sell at the bid, you're down 4 percent the moment you buy it.

A financial columnist summed up low-priced stocks rather succinctly this weekend, saying they're "the open elevator shafts of the investment world."

RBOT's earnings per share, according to Yahoo, are -1.9.