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Pastimes : SI International Ope' Stock Picking Contest

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To: John Mansfield who wrote (141)8/4/1998 7:59:00 PM
From: Instock   of 2640
 
John: I went LONG in GMGC and very glad I did. Nice to be up 7% on a HUGE DOW down day!
After the stock dropped so much do to over reaction to earnings, and causing the stock to be VERY over sold, the stock was bound to recover some.
I expect GMGC will move up again tommorow and maybe Thursday as well.

I expect to see more short sqeezing ( Buyers )as well as Bottom fishers and Dead Cat bounce players going into GMGC.

Good luck with your other picks as well.

Instock
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