% | $
Quotes you view appear here for quick access.

Axion International Holdings, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mikebert mikebert Jun 29, 1999 6:56 AM Flag

    ANLT is a rolling stock and it should

    covering. I estimate that about 13% of actual
    investor-to-investor trades are insider sales, whereas about 17% are
    short covering. The two approximately cancel out,
    making the buying and selling by regular investors the
    dominant influence on the stock price.

    The tiny
    volume strongly suggests that investors are awaiting a
    triggering event. Since this stock has a very poor
    correlation with broad market moves this event will be
    specific to the stock rather than a macro event such as a
    Fed action or economic news.

    Baring a suprise
    announcement, the next piece of information will be the
    upcoming earnings report. Of great interest is what the
    stock does in the two weeks prior to the report. If the
    stock remains flat going into the ER, this suggests
    that it will not respond to a favorable report. If the
    stock drifts upward before the report, I expect the
    upward movement to accelerate with a very good report.

0.10250.0000(0.00%)Jul 31 3:59 PMEDT