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» CEAT >>> Bottom Bounce
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Topic: CEAT >>> Bottom Bounce
Prdponce
Member
Member Rated
:
posted
08-08-2006
10:00 AM
.03
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Prdponce
Member
Member Rated
:
posted
08-08-2006
10:02 AM
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Johnwayne
Member
Rate Member
posted
08-08-2006
01:12 PM
This one has potential, approaching avg daily volume already.
OS is only 350,000, but that is from a year old report.
year high was 1.80
Seems to be resistence at .03 but only 8mm's til .12
RSI does not reach 70 until .12
--------------------
Thanks Matto. Thanks Juice.
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Johnwayne
Member
Rate Member
posted
08-08-2006
01:34 PM
S-8 filed on July 18 for 10,000,000 shares could be reason for drop.
Sounds like it was to give employee benifits, but I'm not real familiar with S-8 wording.
--------------------
Thanks Matto. Thanks Juice.
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