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S&P 500
5,648.40
(
1.01%
)
US TECH 100
19,050.40
(
1.19%
)
Dow Jones
41,563.08
(
0.55%
)
Brent Oil
77.12
(
-0.09%
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JimC1997

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JimC1997

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Re: None

Tuesday, 04/23/2002 12:48:05 PM

Tuesday, April 23, 2002 12:48:05 PM

Post# of 93822
Could be some very good news coming to us in the next day or so. Bullish trading pattern in the stock the last two days suggests that significant positions are being established.

Notice that the lower Bollinger Band was never seriously broken at any time during the recent stock price weakness:

http://stockcharts.com/def/servlet/SC.web?c=EDIG,uu[w,a]dacayiay[dc][pd20,2!i!f][vc60][iUk14!Lc20]&a...

Today the stock has moved towards the middle of the bands.

Good news regarding the registration statement and an equity sale would certainly move the stock towards the top of the bands (currently $1.01) very quickly.

JimC

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