Aob

[miracletech]

Anyone been watching AOB lately? Yesterday 11/14/05 it drops from around $7.50 to around $5.50 in 1/2 hour just before lunch. Huge volume too. Meanwhile AOB is reporting terrific earnings. Today it's up, then drops again. Anyone have any info on this one?

 

[giggollo]

Ive been following it mainly because one of my friends had a "large" stake in it until yesterday that is. It seems they released earnings during market hours. I think that may have had something to do with the sharp pre-noon selloff.

 

[fstrader]

I had expected the market to sell on its earnings no matter how good they were (eps could have been better, I think). It was a classic sell on the news deal as the price had run up so much in expectation of good earnings. So I was out of most of my position at a little over 7. I bought back in at 5.97. I had expected it to fill the gap around 6-6.15, but it ran all the way down to 5.25. Fortunately it recovered the 5's for the most part.

Right now it is testing the bottom of a daily trendline and I think this is a great price to buy a nice growth company. I am looking to sell some again in the lower 8's. I think the long term potential for this stock is great though.

Another stock I like alot with great growth and fundamentals, akin to AOB, is PainCare PRZ.