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Non-Tech : RECY Looking Good... A -- Ignore unavailable to you. Want to Upgrade?

To: Angela Mango who wrote (3894)	1/28/1998 1:31:00 PM
From: voyager.ed	Read Replies (1) \| Respond to of 7006

Angelo, As the stock moves near the 5's, volume drys up as sellers dry up and buyers come in. Reasons for selling are shorters, traders, and people needing cash. However, as we get near 7 the buyers dry up as traders sell and others needing cash or seeing better opportunity sell. Until some / next news I think we will be in this range. I keep my LT holdings in 1 pile, IRA, college fund, etc. and trade with a set amount. That amount moves around. When I see RECY at 5 3/4 like earlier this month, I pick up 3-5 K share and when it gets back to 6 1/2 or 6 3/4 I sell. I wonder how many people do that? regards, Ed P.S. I have no idea how large the float is - I think the amount in play changes daily, due to so many factors. I consider everything except insiders and/or institutions as possible float.