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Strategies & Market Trends : 50% Gains Investing

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To: xcr600 who wrote (12309)11/19/1999 2:42:00 PM
From: MinosRead Replies (1) of 118717
 
INPH

FWIW, it hit my mental stop yesterday morning, so I took about half the profits that I could have had I sold into strength. With such a small float and no institutional support, it is bound to swing wildly. But, and this is my own opinion, I still think this one goes much higher. The catalyst could be an upgrade from a major house or a release citing new contracts. (Also, I'm wondering if they will need to announce a secondary, which might put the stock under pressure, and once the shares are placed then it takes off. I THINK that's what happened with ANCR. just thinking out load here.) Anyway, when everybody's selling is generally a good time to buy. I may look to reenter soon.

I'm mostly cash right now. Anybody have a good idea??

-Minos
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