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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Prof who wrote (9716)10/21/1998 5:14:00 PM
From: LTK007  Read Replies (2) | Respond to of 29382
 
Here is Max's MYSTERY CHART of the day--any opinions of what is going on here be welcome--today's winner is DMIC here is today's chart
quote.yahoo.com



To: Prof who wrote (9716)10/21/1998 6:55:00 PM
From: Ken W  Respond to of 29382
 
Prof.
PURW?

Assuming that the question is directed at the stupidity of my comment regards the "typo" on the part of PURW.....On the 19th the co. posted at .25 eps vs .11.....The stock moved to 9 on the high of the day. While at that price on the 20th the co. corrects the earnings to .18 vs .11 and the price fell to 8 on the day. My post was directed at the short term move down of 1 point from 9 to 8, having to nibble, of course. Surpirsed that you missed the move as you are one of the nibblist of traders that I know. <GGGG>

Being "up" 1/2 on weak volume after such a blunder on the part of the co. simply tells me that someone, somewhere, is an incompetent boob that needs to have his job handed too him.

What I do feel sorry for is the emotional trauma suffered by those that bought the stock at 9 only to see it go down over 10% on some dolt's screwup. :-)

Ken