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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (38808)1/14/2003 1:52:55 PM
From: The Ox  Respond to of 70762
 
Well, I guess the run up in PHTN looks like it was a sell side ploy in hindsight. I have to wonder if the news was leaked to someone in advance. I would be interested to see if there was a firm or 2 who ran up the price and then shorted before the news was released...ah but I guess that's just my conspiracy/paraniod/it's-all-fixed side of my personality coming out to play...<g>.

To delay reporting the quarter sure looks bad but we'll have to wait until the company "comes clean" to see if things are as bad as they appear.