Trader J's Inner Circle Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle

NVDA 182.35

-0.6%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Trader J who wrote (12310)	4/7/1999 10:03:00 AM
From: j.o.	of 56535

(S) NMGC - Back from the brink! Neomagic has been hammered down from its highs around 23 to just under 10. It is just now starting to break higher, and even if it corrects a small portion of the downmove it can move substantially higher from here. I can't find the news thats moving it - seems to be more technical. The volume on the upmove was a good 50% higher than normal, which I suppose is positive. I will try to find out what drove the breakout, but in the meantime keep an eye on it. The p/e is still sub-10, and if DELL reports OK notebook volumes, things look pretty good (as far as I can tell) I have owned a small amount of this from 13, and am buying some more today. Hope this helps! j.o.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next