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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: Cary C who wrote (1019)1/31/1998 1:11:00 PM
From: Jay Tice  Respond to of 3351
 
Maybe it was the MM's that killed JFK. Elvis faked his death so he could become a MM. Oh, and those UFO's at area 51, definitely a MM cover up. The price action on wedensday was precipitated by a 10,000 shr sell placed at market in the a.m.. An individual wanted to get out quickly because he saw an immediate opportunity elsewhere. Being that the volume was low, there wasn't enough buying interest and the price moved low enough to kick some stops out.The train started rolling and the brakes didn't come on till $6. The fact that it came right back tells me that the market doesn't believe this company to be overvalued. It's funny how often I see this " The price went down cuz the MM's want our shares" theory proffered on the S.I. threads. IMO, wedensday had nothing to do with this company's fundamentals and the future looks bright here.

Jay



To: Cary C who wrote (1019)2/1/1998 10:00:00 PM
From: Phil Jacobson  Read Replies (1) | Respond to of 3351
 
Saw that dip on Friday myself and bought another 500 @ 6 5/8. Couldn't believe it hit 6 3/8 - thx. for the analysis. - Phil.



To: Cary C who wrote (1019)2/2/1998 10:56:00 AM
From: R. Ramesh  Read Replies (1) | Respond to of 3351
 
Well, for whatever it is worth, here is car related article.

yahoo.com

My feeling is that this is at the very least mildly positive for APCO. But I am no FA genie, so could someone more knowledgeable than I am comment on this.

Ramesh