Re: [CANSLIM] GAN - strange chart pattern

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] GAN - strange chart pattern
Date: Fri, 6 Sep 2002 15:36:06 -0500

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oooh...that's ugly.... will have to add that to the gallery under "typical
chart patterns when cash offers fall apart" :))

- ----- Original Message -----
From: "Ian" <ianstm@shaw.ca>
To: <canslim@lists.xmission.com>
Sent: Friday, September 06, 2002 3:38 PM
Subject: Re: [CANSLIM] GAN - strange chart pattern


| 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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