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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV

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To: Chuca Marsh who wrote (1342)12/8/1999 7:47:00 AM
From: J. M. Burr   of 1364
 
When one makes 500% profit in a few weeks it would seem only prudent to take a little off the board. Charts may say one thing, but the psychology of the market says another. I judged that daytraders were driving this stock too fast, too far. There is nothing wrong with NUKE, indeed a favorable announcement in January could drive it to new heights, and in my judgement once it passes $6 it will have "arrived". However, for the present the day traders have lost interest and the timid are fleeing. It may soon be possible to accumulate in the low 2s. Again, there is really nothing wrong with NUKE and though it is speculative its potential scientific breakthroughs offer wonderful advantages for those with patience. Best regards.
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