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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (10858)8/16/2005 4:01:10 PM
From: Jibacoa  Respond to of 23958
 
SQNM's revenues were 3% better on the 2ndQ and the loss was cut to $0.15/shr from $0.25/shr. The EL for 2005 is around $0.60 vs the $0.87 last year and for 2006 the EL is around $0.50/shr.

I don't think it is going to be delisted. The volume has been low since May and early June and except for the 1,026.962 traded on April 19 when it spiked to an intraday H of 1.20 the volues haven't reached the 1/2M mark.

Today it seems it may close near its intraday H. The highest one minute volume at 3.48PM yesterday was only 19,100 on a neutral trade at 0.88 albeit today at 12.17PM 14,400 were traded on a downtick from 0.87 to 0.86 <g>at

But the stock needs to close above 0.95 in order to start getting off its nearest downtrend.<g>

bigcharts.marketwatch.com