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dmiller

12/09/09 7:23 PM

#279112 RE: pisrat #279110

Unfortunately, history says otherwise. The pattern always seems to be the same. Nice runs on better than average volume. Volume dries up, stock languishes for a short time before it starts to retreat.

This stock had a 7 point run in a very short period of time. Bill N's comments on the CC seemed to have started the run. I believe people jumped on board either thinking that the company would either continue the buyback or would announce an acquisition. Nothing but silence by mgt ever since. Market investors/players don't seem to invest with patience anymore. Stock just looks real tired imo.