Two basic reasons:
the first reason is that all the internet stocks are doing exceptional well like BII, SOJ, AOL .... and many more, this exactly in th 80's, when gold hit that $500, evry gold mining penny stocks were trading above that $4.00 and higher, today, I see no gold hit that $500, not even $400, or $300, so e-commerce stocks are doing well exactly opposite of 80's.
No 2. Look BII breakout with huge volume, from that $6.00 to that $17.00 + within 3 days or so now pull abck today from Friday. Look, this GTR, few days ago with very large volume, and she is ever ready to break that $2.50 and after that I see $3.50.
That is why she is getting ever ready for that agrressive move.
LOL....... I am not kidding at all.
JP
Also there is not only IMO about internet stocks Click here to prove #reply-8590524 |