SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge. -- Ignore unavailable to you. Want to Upgrade?


To: Miguel M. de la O who wrote (1395)3/12/1998 3:30:00 PM
From: BigLouie  Respond to of 1923
 
There appears to be a number of sellers around the $14 range - no doubt some of which are former LUNN owners cashing in their chips. The
fact that the price is holding indicates strength to me. Once we clear this range the price should move quickly on news. IMO. M



To: Miguel M. de la O who wrote (1395)3/12/1998 4:59:00 PM
From: Sergio H  Read Replies (1) | Respond to of 1923
 
<What can we gather, if anything, from the fact there have been approximately 6 sales today, about 14.7k worth of shares, all at the bid of 14, but the bid has not dropped?>

Miguel, I made the same observation. Only buy today was last trade.
Not many people know about this stock, yet. I agree with Mario's theory that the sellers are former LUNN shareholders. The earnings release last week was the coming out party for this stock. The IR firm is going to have to start doing its job and attract some interest in this stock. Regardless of what the IR firm does, we're going to get some more attention in a short time....as soon as the Nasdaq listing is approved. This stock has no resistance between $15 and the 52 week high of $19. Once we clear $15, it is a 27% rise to $19. The fundamentals say that the stock is worth $20 or more right now. Anyone know the phone number for the IR firm. I'll be happy to give them a call tomorrow. It's time that they share some info.

Sergio