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Technology Stocks : General DataComm (GDC) anyone following?
GDC 4.430+13.3%Oct 31 9:30 AM EST

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To: John A. Stoops who wrote (204)6/25/1998 2:06:00 PM
From: Mr. Aloha  Read Replies (1) of 266
 
I traded this stock based on the charts and percent gains. I follow the largest % gainers looking for companies in the $5 or so range.

GDC has a history of spiking and dropping. This volume is nothing compared to the volume of the past. It resembles the volume on the last spike to $6.

I had another short order last night at $6 that was executed this morning as I figured it could pop up some more. It will either go to the high $4's today or tomorrow (my guess).

The concern was positive news. I have an order to cover everything at a much higher level if need be, assuming it moves up versus gapping etc..

This was a calculated risk for me.

Aloha

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