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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Mr. E2u who wrote (64425)10/4/1999 12:08:00 PM
From: gaj  Read Replies (2) of 120523
 
IFLY/W - check out the chart this morning; you can see the time when people started looking at IFLY as a secondary, the volume went to 40K in virtually 2 minutes.

the normal volume is around 30-40K, and the stock's already traded 68K. i wouldn't have it as a long term hold, but it's found a short term base just below 3, so that's a good stop limit; otherwise, it's been prone to manipulation and volatility on hype, which makes it almost perfect for short term payment.
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