Softkey (SKEY)? 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.

Technology Stocks : Softkey (SKEY)?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: andrew who wrote (82)	3/6/1996 7:08:00 AM
From: Raymond J. Steck	of 247

Andrew...I'm sticking with the statement I made to Eric last week! Eric...A lot of SKEY stock changed hands last week. Kirby Wiseman mentioned that large blocks were being traded. The stock moved up on large volume. This shows me that major investors are holding the stock. A lot of people out there seem to be "bullish" on the stock!I understand that this sector is going to consolidate. From the information out there on the "net", SKEY seems tobepositioning itself as one of the major players. The sector should be volitile until the major players emerge. Look at the 100 day chart. There were two one month periods where the stock settled in a range (Dec 15 to Jan 15 - $21 to $25/before that a $29 to $33 range). I assume that most people kept their shares from the Dec/Jan timeframe. The recent surge drove prices thru that range.If people wanted to "get out", they had the opportunity. The stock should settledown for a while in the $20 to $27.5 trading range until earnings are announced. I'm going to hold my shares! I cannot recommend any books on reading charts. I learned in the school of Hard Knocks, and am still learning! Good Luck! Please keep the group informed of any new movement or information. A team works better than any one person.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next