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mharps
Posted : Friday, July 15, 2005 11:50:01 AM
Registered User
Joined: 1/4/2005
Posts: 4
 take a look-stong MS, BOP moving from negative-nice jump today
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malcolmb14
Posted : Saturday, July 16, 2005 11:56:20 AM
Registered User
Joined: 5/17/2005
Posts: 221
 watch this one .... it seems to be in a down trendng trading band since beginning of year . There is no volume in this stock , with an average trading volume of 45,000 and only 1% institutional ownership ....bad news as who is driving the stock price ?. With my small trading account i could make this stock move if I bought 50,000 shares in one day ! I could play market maker on this .....
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markacz
Posted : Saturday, July 16, 2005 4:00:08 PM
Gold Customer Gold Customer

Joined: 5/4/2005
Posts: 74
 mharps:
malcolmb14 is right. This stock can blow up (down) at any time. One stock transaction can drive price to zilch. This company ($10M in revenues) has terrible fundamentals .. the price movement resulted from a sole contract with a Japanese auto parts distributor. I'm not sure technical analysis has any value here.
regards,
markacz
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