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Biotech / Medical : CMP -- Ignore unavailable to you. Want to Upgrade?


To: Emec who wrote (385)4/15/1998 3:10:00 PM
From: Dale Baker  Read Replies (2) | Respond to of 1308
 
Dave, I just looked at the intra-day chart for CMP. Most of the volume came from buys at the open. Now the specialist is taking the stock down on very small blocks.

But the people who bought at the open aren't selling.

I was debating my future position in CMP, but I'll be holding now. This pattern doesn't correspond to where the stock price should be, based on volume. And volume always tells the tale in the end.