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Technology Stocks : Orbital Engine (OE) -- Ignore unavailable to you. Want to Upgrade?


To: James W. Bradsh who wrote (4838)2/22/2003 3:01:17 AM
From: Daddy  Read Replies (2) | Respond to of 4908
 
Anyone... I am not one for Technical Analysis but...

Anyone look at the chart for OE and see a possible crossing of the 50-day above the 200-day moving average in the near future?
finance.yahoo.com

This seems to possibly portend a quick move upward,... but then it seems like they tend to fall back down after they cross. It wouldn't surprise me if some traders see this and come in and pump up the price, only to dump it later. I bought a little a few days ago but plan to hold it for the long term... a year or more... possibly. When I bought those 1500 shares the other day, it seemed like it took a while for it to get filled.... so it doesn't look like there are many sellers out there... maybe it has something to do with the market-maker (or whoever) wanting to keep the stock price up there so we can keep our listing on the exchange perhaps?...any thoughts?

I just wish it would climb... and keep climbing.