re: chart..behaving nicely sala in new york A very confusing day it was! Opened at 68 and then some followed Acouch's pick of 63 and sold shares at that level.
From then on the price recovered fast till it closed at its high of 76 cents. Good volume: 3.1 mill shares.
Since the LOK and PTD debacles (very few of the permanent LOk posters left- an awful event actually), the BIO market is recovering with some useful price gains (EPT rose 6 to 63).
Late this afternoon EPT issued a email saying that they couldn't understand the price gyration.
Personnally, I don't either. The problem is when there is a severe downtrend any positive publicity can make it worse -pannickers don't listen to reason and think that the positive message can't be trusted- although it may help the prospective and other Investors moving in at the right time.
And what wil tomorrow bring? I hope that LUM will move in a positive direction.
Gerry
behaving nicely, page-59
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