Sunday, January 18, 2004 6:06:19 PM
3 month chart confirms multiple indicators that HYTT has been under accumulation over last few weeks. Money Flow turned positive on the 12/3 news of the $10M M&A LOC & has stayed positive ever since:
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=&time=&freq=
it bears repeating that Thomson's had gobs of buy interest last week (& zero sell messages over last month):
http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?t=HYTT&range=30&mgp=0&x=18&y=13&....
NITE has been consistently on the bid during this period. The last EQ report had NITE doing 23% of volume. It moved to 41% & then jumped to 51% (a >100% increase in NITE's recent volume).
i'm a pedestrian candlestick interpreter at best, but for the first time since i started following HYTT closely (Sept-Oct), the last four sessions have resulted in a "Very Bullish" rating:
http://www.stockta.com/cgi-bin/analysis.pl?symb=hytt&num1=27&cobrand=
HYTT is being accumulated & the presence of paid bashers is further indication of that fact.
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