Re: [CANSLIM] GAN - strange chart pattern

From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] GAN - strange chart pattern
Date: Fri, 06 Sep 2002 13:38:11 -0700

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Also see FDCC :)


- ----- Original Message -----
From: Katherine Malm <kmalm@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Friday, September 06, 2002 12:18 PM
Subject: Re: [CANSLIM] GAN - strange chart pattern


> Hi David,
>
> Here are some examples of the chart pattern when a stock is to be acquired
> for cash:
>
> http://WallStreet-LLC.com/canslim/PZL090602.jpg
> http://WallStreet-LLC.com/canslim/GAN090602.jpg
> http://WallStreet-LLC.com/canslim/USLB090602.jpg
> http://WallStreet-LLC.com/canslim/MDBK090602.jpg
>
> Katherine
>
> ----- Original Message -----
> From: "Lin Wells" <linwells1@charter.net>
> To: <canslim@lists.xmission.com>
> Sent: Friday, September 06, 2002 1:26 PM
> Subject: RE: [CANSLIM] GAN - strange chart pattern
>
>
> |
> | Berkshire Hathaway has signed a deal to purchase it for $60 a share
> |
> | Lin
> |
> | -----Original Message-----
> | From: owner-canslim@lists.xmission.com
> | [mailto:owner-canslim@lists.xmission.com] On Behalf Of david rossing
> | Sent: Friday, September 06, 2002 1:21 PM
> | To: canslim@lists.xmission.com
> | Subject: [CANSLIM] GAN - strange chart pattern
> |
> | I'm curious about thoughts on the chart for GAN.  It had a decent rise,
> | then what looked to be forming a cup.  On the right side, about halfway
> | up, there's a rise on really high volume, then it turns into a 9 week
> | flat base with a range of about 0.5 (<1% of the price).  Is this a
> | chart that shows a stock to avoid, or wait and see?  Also, I'm
> | wondering what the explanation of buying and selling is that would form
> | a chart like this?  (Similar to the explanation someone gave about why
> | a normal c/h forms)  Thanks.
> |
> | Dave Rossing
> |
> | __________________________________________________
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> |
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