Re: [CANSLIM] OSTE Another mystery plunge

From: Hong Hsu <honghsu@bellatlantic.net>
Subject: Re: [CANSLIM] OSTE Another mystery plunge
Date: Fri, 25 Jul 2003 13:21:08 -0400
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   Here are the speculation to selloff OSTE:     
 1. market went down
 2.  taking profit
 3.  selected wrong button.  Instead select a Buy button, the guy from 
big firm pressed sale button.  Once that happens, all market orders set 
last night are executed. Then sell short enter the game.  And then that 
triggers further huge selloff.  
4.   reading earning release news is not enough,  one needs to read 
whole SEC filling.

   which one is right reason.  First one is not right because the market 
was up, at least not down before 10 am.  The second one is not either 
because usually taking profit will take place AFTER price surge up, not 
from support line.  Right?

   And ... reason is.....?

   That reminds me that one thing is certain that the market is uncertain,
    -Hong


Pete wrote:

>OSTE reported earnings this morning.  Smallcaps have a tendency to plument
>after an earnings report good or bad.  I've learned to pay attention to
>Earnings dates and I like to take some profits before earnings are releasd.
>----- Original Message ----- 
>From: "Hong Hsu" <honghsu@bellatlantic.net>
>To: <canslim@lists.xmission.com>
>Sent: Friday, July 25, 2003 11:29 AM
>Subject: [CANSLIM] Another mystery plunge
>
>
>  
>
>>       On 7/18 Duane reported TBL plunged $8 on no-bad-news earning
>>release.  Today OSTE plunged 23% on 50% surprise of earning release.
>> The estimates is $0.10 vs. $0.02 year ago.  The actual earning is
>>$0.15/share.
>>
>>Why price drop?   The fundies and TA are all great.    Your experience
>>comments will be appreciated,
>>-Hong
>>
>>
>>
>>-
>>-To subscribe/unsubscribe, email "majordomo@xmission.com"
>>-In the email body, write "subscribe canslim" or
>>-"unsubscribe canslim".  Do not use quotes in your email.
>>    
>>
>
>
>-
>-To subscribe/unsubscribe, email "majordomo@xmission.com"
>-In the email body, write "subscribe canslim" or
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>
>  
>

- -- 
 <Linux kernel:>< As a computer I find your faith in technology amusing.



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&nbsp; &nbsp;Here are the speculation to selloff OSTE:&nbsp; &nbsp; &nbsp;<br>
&nbsp;1. market went down<br>
&nbsp;2. &nbsp;taking profit<br>
&nbsp;3. &nbsp;selected wrong button. &nbsp;Instead select a Buy button, the guy from big
firm pressed sale button. &nbsp;Once that happens, all market orders set last
night are executed. Then sell short enter the game. &nbsp;And then that triggers
further huge selloff. &nbsp; <br>
4. &nbsp; reading earning release news is not enough, &nbsp;one needs to read whole
SEC filling.<br>
<br>
&nbsp; &nbsp;which one is right reason. &nbsp;First one is not right because the market
was up, at least not down before 10 am. &nbsp;The second one is not either because
usually taking profit will take place AFTER price surge up, not from support
line. &nbsp;Right?<br>
<br>
&nbsp; &nbsp;And ... reason is.....?<br>
<br>
&nbsp; &nbsp;That reminds me that one thing is certain that the market is uncertain,<br>
&nbsp; &nbsp; -Hong<br>
<br>
<br>
Pete wrote:<br>
<blockquote type="cite" cite="mid00a601c352c9$7f9ebf00$6801a8c0@ATHY2">
  <pre wrap="">OSTE reported earnings this morning.  Smallcaps have a tendency to plument
after an earnings report good or bad.  I've learned to pay attention to
Earnings dates and I like to take some profits before earnings are releasd.
- ----- Original Message ----- 
From: "Hong Hsu" <a class="moz-txt-link-rfc2396E" href="mailto:honghsu@bellatlantic.net">&lt;honghsu@bellatlantic.net&gt;</a>
To: <a class="moz-txt-link-rfc2396E" href="mailto:canslim@lists.xmission.com">&lt;canslim@lists.xmission.com&gt;</a>
Sent: Friday, July 25, 2003 11:29 AM
Subject: [CANSLIM] Another mystery plunge


  </pre>
  <blockquote type="cite">
    <pre wrap="">       On 7/18 Duane reported TBL plunged $8 on no-bad-news earning
release.  Today OSTE plunged 23% on 50% surprise of earning release.
 The estimates is $0.10 vs. $0.02 year ago.  The actual earning is
$0.15/share.

Why price drop?   The fundies and TA are all great.    Your experience
comments will be appreciated,
- -Hong



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    </pre>
  </blockquote>
  <pre wrap=""><!---->

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  </pre>
</blockquote>
<br>
<pre class="moz-signature" cols="$mailwrapcol">-- 
 &lt;Linux kernel:&gt;&lt; As a computer I find your faith in technology amusing.</pre>
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