Posted by T A P Link: Join T A P Free!!
on 5/25/2001, 6:55 am
T A P believes with the recent pullback of ET stock price due to ET's $325 mil convertible bond deal, that it is a good value currently @ $ $8.20. AMTD which is trading @ $9.25 now, historically always trades lower than ET up till this week. ET appears to have bottomed out yesterday having hit a low of $7.99 and the moneyflow has turned extremely positive since then as well as large block up ticks.
ET Trading Summary Block Ticks Money Flow
($MM) Avg Price
Small +67 -82 +0.6 -0.8 8.22
Large +13 -1 +3.8 -0.1 8.23
Total: +80 -83 +4.5 -0.9 8.23
T A P has taken a position in ET on the open market and is not compensated in any way by any company mentioned! All information can not be guaranteed but is believed accurate and is for purpose of research and is not a solicitation to buy any security and doing so will be done at your own risk. For more information on ET see other posts on T A P message board and Yahoo News & Profile.To join T A P free click link below.
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