Re: [CANSLIM] ATPX graph question

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] ATPX graph question
Date: Mon, 20 May 2002 19:00:19 -0400

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Dave, as I posted last night, there is a cash offer in place for $33.50 a
share, that's why you have both the big gap up, followed by the absolutely
flat line base, both characteristic of a cash buyout.

- ----- Original Message -----
From: <Davellil5@aol.com>
To: <canslim@lists.xmission.com>
Sent: Monday, May 20, 2002 12:53 PM
Subject: Re: [CANSLIM] ATPX graph question

Nothing goes along without change indefinitely, especially stock prices.

A flat base means that the stock will eventually break upward -- or
downward.
 To determine which is more likely, check the fundamentals.

I like to see a much longer flat base than 11 days  -- even if it breaks
upward.

Let's see what some of the others say.

Regards, Dave

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