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Dr. Reddy's Laboratories Ltd. Message Board

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  • Carolyn_Novice Carolyn_Novice Jul 23, 2007 9:21 AM Flag

    Today's Action

    After being up for 5 weeks, which is very unusual, RDY stock was down last week. Now the main news is out. Only if Technically, RDY moves on high volume, (Avg Vol (3m): 421,253) more like 500,000 today, we can assume the tide has turned. The Medical Group MRK, JNJ is being recommended, we could see some group strength and asset allocation.


    Weekly ----- Volume ----- High ----- Low ----- Close -----
    06/11/07 ----- 17000 ----- 15.87 ----- 14.97 ----- 15.36 ----- 0.02 ...up
    06/18/07 ----- 15000 ----- 16.01 ----- 15.41 ----- 15.67 ----- 0.31 ...up
    06/25/07 ----- 12000 ----- 16.23 ----- 15.66 ----- 16.14 ----- 0.47 ...up
    07/02/07 ----- 7760 ----- 16.70 ----- 16.24 ----- 16.57 ----- 0.43 ...up
    07/09/07 ----- 14643 ----- 17.04 ----- 16.47 ----- 16.85 ----- 0.28 ...up
    07/16/07 ----- 15528 ----- 16.92 ----- 16.23 ----- 16.63 ----- -0.22 �.Down

    http://finance.yahoo.com/q?s=rdy

    Early indication is $17.00 and

    Shorts response wait till the opening>
    http://shortsqueeze.com/
    Dr. Reddy's Laboratories Ltd. 0.02
    Shares Short 2,131,400
    Days to Cover (Short Ratio) 7.7
    Short % of Float 2.25 %

    Carolyn

 
RDY
47.54Aug 20 4:03 PMEDT

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