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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: U Up U Down who wrote (25987)1/29/1999 12:34:00 AM
From: Mike C2  Respond to of 79230
 
George re TRBD
Market authorities in Brussels with the Easdaq, an exchange that is
20% owned by the Nasdaq, had a problem with TRBD's response to questions
re. the company's press releases. They decided to halt trading without
directly contacting TRBD. The Nasdaq, with a reciprocity relationship, also halted trading. TRBD Europe officials asked the German exchanges to suspend trading.
That's the story behind the low (no) volume.

There will be a hearing with the Nasdaq next week. As a TA issue, the stock is outside the box.
Without substantiation shares could open much lower, possibly even on the pink sheets.
If the company, as they claim, has compelling evidence of OEM deals signed or in the works
the stock could reopen with gyrations up and down.

This is not stock discussion for this thread at this time, IMO

A less than scrupulous (MO) poster named Floyd, assuming that the trading halt
confirmed that the company was a "scam", spammed many threads with
his opinion.

Good luck