|Day Low/High||16.46 / 16.70|
|52 Wk Low/High||11.01 / 22.50|
Trading in the education company is halted briefly, after a 33% plunge because of a market rumor.
What should be occurring is irrelevant. Plus, Medtronic, Patterson Dental and more.
While nothing has been proven, analysts say employees are under the gun to produce numbers.
It says no specific allegations of accounting irregularities were made.
The broader market has struggled lately, but certain groups are bucking the trend.
Plus, musings on the durable good report and charts of FleetBoston, JDS Uniphase and more.
Shares of education companies jump after the firm trounces consensus estimates.
But many stocks are bumping against resistance for the third or fourth time and will eventually break through.
They haven't gotten as much press as the housing one, but their splats are all over this session.
Once volume picks up in either direction, the trading arena could quickly change.
Although consumer cyclicals aren't the best place to be, this group is worth a look.
Just remember that this newsletter's primary focuse is on the 3-day swing.
This is your chance to exit. Just don't listen when the analysts try to pump the these stocks up again.
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