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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (595)9/2/2003 12:17:09 PM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
MTON Is acting well today.<g>

The volume is now more than 2x its daily average. The insiders that hold more than 25% of the stock and institutions that hold about 65% of the float have reportedly been buying lately. There is a good short position (about 19% of the float, good for 2 weeks trading volume.<g>)

The stock has been selling around 0.6 of book and 0.4 of sales.

During the 2nd Q it spent about $17M in "advertising", to launch its premium "Infone" service. (That was more than its reported loss in the Q of $9M.)

siliconinvestor.com

The stock needs to close above its May 5 H of 7.24(that would be a 72% gain from present levels <g>) before it can test ist October H at 10.20 (and that would be more than a 100% gain.<G>)

siliconinvestor.com

Bernard