Why SCOX price has been so up and down (IT Manager's Journal)

[Posted April 9, 2004 by cook]

Melanie Hollands explores the ups and downs of SCO's stock price. "Well, stocks don't always trade rationally and in a straight line with what the underlying fundamentals would suggest. Over the long term, I believe stocks move rationally, but there are short-term moves that do not seem rational. In the case of SCOX (and Enron, WorldCom, and many others), I believe the primary long-term direction continues to be down. But on the way down, there are short-term "secondary" moves that are often counter-intuitive to the primary trend." Thanks to Leon Brooks.

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