To: Big Al who wrote (6203 ) 7/23/1998 9:22:00 PM From: g_m10 Read Replies (3) | Respond to of 8545
It went from being well up on the day and then got whacked. gm 10, your good at this stuff.? A.H. Nothing inspires better than plain old fashioned flatter.<G> I stopped putting my blurbs on the price behavior, because this thread concentrates mostly on on the fundamentals and company business. Which speaks very good for the thread. Anyway, it looks like someone was trying artificially to bring the stock price down for the last five days. If you look at the five days chart tscn.com you will see that starting last Friday thru today in the last minutes of trading someone would dump several thousands of shares. On a very thin volume that we "enjoyed " lately, it was enough to drop the stock price $1/2-3/4. If not this "trick" we would finish positive all days except Wednesday, when we tanked on the market sell off. Even on that day we would finish much better. Today,if not the last minute dump, we would finish positive even despite a major sellof on the market. If you look at day chart, you'll see that for the most of the day the stock was trading close to or above $28. All those facts and tlindt's observation that "We've now completed 24 days in a row above $27" makes me feel good about the stock price trend. Looks like, that at least for now, we have a good support above $27. Just MHO. Hard to tell what the market as a whole will be doing in the nearest future and we with the market. When crowd dumps, it dumps everything and sorts things out later. If not Friday in the summer, I'd dare to predict that tomorrow morning the market will keep sliding down, hits the bottom somewhere in the 8750-8700 range, and than rallies back in the last hour to above 8800. I don't expect BAD things for us tomorrow, but who knows. Just my 2c.