MSGI Marketing Services Group Inc. 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 : MSGI Marketing Services Group Inc.

MSGI 0.0001000

0.0%

Mar 3 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: wbASSETt who wrote (1970)	8/30/1999 9:15:00 AM
From: MeDroogies	Read Replies (4) of 3418

I'm very interested in MSGI, but I have serious reservations. I'm not much of a TA follower, but I've learned to read the charts and it gives me good indications of when to get in/out of stocks. Over the last 6 months, MSGI has a trendline that shows it to be very sick. Lows are lower, and highs are lower. It broke through virtually all its moving averages, and has a hard time getting back up to them. On the positive side, the Bollinger Bands have narrowed. BUT it bounces along on the lower end of the bands, which indicate a stock that is trending down. That said, just because a chart shows a sick stock doesn't mean it's in bad shape. I invested in ORCL when the charts look miserable and have doubled my money. I invested in AAPL when the charts looked even worse and tripled my money. But I had good reasons to invest in these well managed companies who had valuable brand names. Can anyone give me 3 good reasons why this is the case here? Not bashing the stock....just trying to get ducks in a row before I invest. I see good things here, the timing is right, but the charts are not telling me good things....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next