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Technology Stocks : NUTR - Nutraceuticals Inc -- Ignore unavailable to you. Want to Upgrade?


To: Rodney Glover who wrote (7)5/1/1998 5:10:00 PM
From: Roman S.  Read Replies (1) | Respond to of 41
 
I saw this too and am in at 11.50

Previously played the DANKY situation similarly to same scenario when they got dumped on down to 12 somethin and I picked it up that day at 12.875 and rode the gap up the next day.

The amazing thing is that the report looks good, as one of the previous messages states, paying off liabilities is a good thing, too bad people don't know how to read financials anymore. They just blindly look at earnings per share as the only solid guideline. Positive is good and negative is bad. Who cares why, just get me out when it hurts. And today's gap down did hurt psychologically enough to have holders dumping their shares and taking a loss. Looks like the available float got traded, anybody have a ratio of sells to buys out there????



To: Rodney Glover who wrote (7)5/1/1998 8:27:00 PM
From: rt1^  Read Replies (1) | Respond to of 41
 
Rodney,

<Maybe the REAL news will come out this weekend,If not, expect a big gap up, as many savvy fund managers and investors pick up on this.>

I do expect a Good gap and fuel to the fire, I saw no large (inst) sells here, perhaps it's related to the IPO and company being virgin, it happens.

In reviewing the Balance sheet more, I see no problem at all. It should gap well into the 12's, settle around 10:00 am and begin it's upward trend. Won't hit 16 or even close, but 12 1/2 - 13 is possible..

rt