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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air -- Ignore unavailable to you. Want to Upgrade?

To: JD who wrote (2405)	3/3/1998 1:52:00 PM
From: shashyazhi	Respond to of 6464

I would say that the little turnaround resulted from the fact that the share price touched the fifty-day moving average yesterday. This might be regarded as a point to buy in at the average price in hopes that the price will rise. It's just a simple little technical indicator that you are not paying too much for the shares, but it is only based on the average that investors have been willing to pay recently, not on any intrinsic value of the shares. Until good news comes out, I would be satisfied to see BAAT trading around the $0.55 range.