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Non-Tech : RECY Looking Good... A -- Ignore unavailable to you. Want to Upgrade?


To: Bernard who wrote (6098)11/17/1998 10:16:00 AM
From: James Strauss  Read Replies (2) | Respond to of 7006
 
Bernard:

Improving Scrap prices are the key to improving earnings and stock prices... In the interim, it would not be out of the question for RECY to form a bullish double bottom before heading higher... If that happens we could see RECY dip to the 1.00 or below area again... I'll be buying if that happens... That's usually where the selling climax finally bottoms out a stock... As for people selling when the stock reaches 2.00... There will always be trading and taking of profits... As that supply is exhausted RECY should head back to the 3 1/2 to 4.00 area..