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Strategies & Market Trends : games trader group

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To: TMAZZ who wrote (25)9/19/1999 12:13:00 PM
From: John Paquet   of 507
 
chart.stockwatch.com

chart.stockwatch.com

chart.stockwatch.com

Now I can answwer your question #1.

I did buy HCI.tse in early April or end of March, 1999 @.06 to .07 price levels and I got out in a hurry like @.10, HCI was the most active at the time in volume leader, but it was very penny, so I traded like an option expired, in and out very very quick.

I noticed three days ago that HCI is disturbing again, but I did not buy any this rally from that .035 to .12.

HCI.tse has good movement nearly 400%, it is too hi for me right now, I might consider to re-enter again at .06 or lower level when HCI has a correction. This rally appears that HCI is toppy as HCI could not hang in above that old HI, so HCI is in correction mode as well like BIO.al

Paitience and persistence are the key to become a winner.

Now clike GEM, GEM like SKG, and many other penny stocks by entering new e-business and GEM has been doing very well so are many penny stocks due to change that e-business.

As a result of this change, GEM has moved from that .025 to $1.125 a huge move, and then GEM has had big correction down to .36 from that hi of $1.125 but this few weeks has doubled that price again to .65c and now @.55.

I would grab some shares @ near that .52 areas that was a breakout nectline which will be proved very supported at .52.

Now SKG, I was told that some good news is coming up, yet I do not know when AGM will take place, I am kind of carless AGM but more be more interesting in a run GOOD NR coming up.

The price action of SKG indicating calm before a big storm as SKG has been inched up and last five trading stuck in a very narrow range indicating something big is coming, as I expect that SKG will have breakout @.22 with top side and this rally may bring SKG to .39 or .45, like GEM from that .36 to .66 which nearly double.

quote.yahoo.com

SKG has shocked TSE in early April or late march,1999 as SKG announcded that change in gold mining business to e-mall business. {note if SKG did not change this new highly potential e-buniness, SKG will be .002c again, but last few weeks, market or trader convinced that SKG should not traded @.`13 or .16 but @.205 to .215, soon .39 or .45.

SKG has a good team of management stuff, plus a team of good promoters who will make the market run that is especially imprtant for penny stock, penny stock rally really depends on promotion you see.

SKG is entering e-mail business has just begun, it potential is unlimited like American on line, ebay, etc they have been traded more $100 a shares U.S. so potential is huge.

John Paquet

Clike SKG, you will see SKG is ever readily to breakout any time now, also notice that general market sentiment look very good DOW survived that 10600, Nasdaq up huge 62 points, OIL enrgy cost not any threat, as oil index down down for the last 10 days etc, OPEC meeting could produce a disaster for crude oil price maby will bring that oil to $19.00 a barrel, also FED will not raise int rates soon, so DOW look forward to that 12,500, Nasdaq 3000, EVEN GTR survived that $4.40 and closed @$4.45 although below $4.50 Y's underwriting price.
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