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2005 - Stocks with Double-ability
Cat - Sun, 02 Jan 05 :
HRN - I was actually thinking of a short on Thursday - I didnt like the stock action and the huge delayed trades below the bid. I was proved wrong on Friday as the stock moved up well - but only on light volume. I scoured the news history last week and couldnt find much to make me think there's bad news coming apart from US business and aquisition indigestion. The next week or so might see a trading statement so either way it is a risk. A move below 255 on decent volume would imply problems and might suggest that the stock has completed 5 waves from the start of its run in 2001. Just my thoughts - I aint got a position - too much else looking good to worry about it.
:-)
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