TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (10359)	7/20/1999 11:55:00 AM
From: TheNoz	Read Replies (1) of 59879

Special situation in LOEHQ. Traded this before the "Q" was added. Bought a bunch at $.125 after the bankruptcy was filed. Was quiet for weeks. Lately there have been upmoves daily, 2 cents, 3 cents, now up 7.5 cents today to $.275. Risk? Stock has shown it can go to 1/8. Reward? If there is an underlying reason for the recent gains then TA indicates the chance of a significant (percentagewise) continuation if underlying news, if any, becomes public. Check the chart, only bet what you are willing to let ride, maybe for quite a while, but there is some potential here IMHO.

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