News Focus
News Focus
Followers 14
Posts 29
Boards Moderated 0
Alias Born 02/07/2001

Re: Zeev Hed post# 58017

Sunday, 12/22/2002 7:01:17 AM

Sunday, December 22, 2002 7:01:17 AM

Post# of 704041
The MAXF insurance settlement "news" is ancient history. No one ever doubted they would get those amounts, it was clear for months. No one was trading MAXF based on it.

The recent surge in price and volume looks more like a beginning to me. We'll see - the proof will be a break over 7 or not. Unlike the sudden spike to 6.70 in November, this is a gradual move in price and volume.

I probably shouldn't raise MAXF here since it's a lousy trading stock. Much better play for the long-term investor.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today