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Allegheny Technologies Inc. Message Board

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  • walterknight7860 walterknight7860 May 12, 2006 3:07 PM Flag

    Monday Predictions?

    Watch the last five minutes of trading. People who are fairly sure Monday morning will be on the upside will make sure they get their buy order in near the close to get the stock before it gaps up on the opening Monday and to not disclose their hand thus shutting other buyers out who would otherwise run the price up slightly this afternoon before the bell.

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    • I think it will gap down again Monday am because the margin selling will kick in, the bad press from all the business reports over the weekend and gold will most likely trade off in Asai Sunday night...it all adds up to gap down. Not to mention the giddy holders of ATI that work during the day and will come home tonight and find they have been pasted and look to bail out Mon am.

 
ATI
21.25-0.14(-0.65%)Jul 27 4:04 PMEDT