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| PLAY >New Drops |
Thursday, December 21, 2000 |
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New Split Drops
| CRY - Cryolife Incorporated $45.88 +0.06 (-3.81)
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Our hopes of a quick bounce off support were put to rest on Wednesday, as a gap at the open sent shares falling below our stop of $47.88. Because the stock opened below our established stop, we we're forced out at the $47.50 opening price. This weakness was likely due to heavy selling throughout the biotech sector. The AMEX Biotechnology Index (BTK) had one of its bigger one-day declines with a fall of 9%. We'll keep you updated on future plays as they develop.
New Candidate Drops
| DGX - Quest Diagnostics $123.19 +5.00 (-4.31)
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Quest Diagnostics ran into some selling pressure on Wednesday along with the rest of the market. The stock fell to an intra-day low of $115.63on light volume. Our stops were triggered at $118 so we are dropping DGX tonight.
New Momentum Drops
No New Momentum Drops
Drops Index
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