Re: It's been 5 weeks since last NR.
in response to
by
posted on
Aug 27, 2008 03:10PM
(Edit this message through the "fast facts" section)
The sp is still holding at this level and in the 30 to 32.5 range there was a lot of buys lining up over 40000 at 30, and in the mid 20000s at 30.5 ,31,32. The volume is still very low but the fact that the sp is not being pushed down is certainly a big positive. if the next NR is big then the sp should really move up from this level and hold. RO42wal said it best the company is undervalued at this level so any good news should creat some huge momentum to the upside. The trading pattern is certainly different now even the dude who has been selling bought some today and was one of the larger blocks of buys sitting just below the ask. September is only a few more days away and according to some the credit cruch is easing in the US all this bodes well for aph. Hopefully we will get a small jump up in the sp on thur by those wanting to postion themselves for Sept GLTA
realtime