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Monday, June 19, 2006

Update - ARO

ARO had 5 trades in the pre-market of only 700 shares total. The price opened at $27.00 and traded to $27.15 at 9:09am. The opening price at 9:30am was $27.10 and saw a high of $27.20 a few minutes into regular trading. A quick drop was seen and an initial low of $26.50 was seen around 10:45am. The low for the day was $26.23 as the stock went into the red later in the day. So not much to read into this one. The market was down today and brought this down with it as it appears. The volume today was below the average for the stock, which might also give some indication that the stock did not hold its gains.

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