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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: R. Ramesh who wrote (2280)2/17/1998 2:04:00 PM
From: James Strauss  Read Replies (1) | Respond to of 2377
 
HIHOF...

>>>Some one in RADAF thread mentioned HIHOF. After a good earnings report, it is up 20+%. It is still supposed to trade at 4-5X earnings
of 1998. With all this the volume troubles me. I welcome your thoughts on this.
<<<
**********************************************************************
Ramesh:

You're correct about the low volume... This is an illiquid stock... I wouldn't buy this stock unless I saw volume > 5,000 on an up day for a quick one or two day trade while the volume moves to the 10,000 to 15,000 range... It will then drop line a rock to 1,000 or 2,000...

Jim