TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: myturn who wrote (54978)	7/18/2000 6:50:10 AM
From: ChrisJP	Read Replies (1) of 150070

Hi RG, regarding EGGS, Yeah, my comment was pretty funny. Not to mention you gotta time both the buy AND the sell. EGGS was at a 52-week low @ $4, so you were right ! But then it went lower. :-( I picked it using the following logic. 1. Heavy short position 2. Yahoo earnings giving all I-net stocks a boost 3. I suspected there would be short covering before earnings next week. 4. We are entering the time of year where online shopping begins to increase, believe it or not due to Christmas shopping. So July represents rock bottom. 5. Friday, EGGS jumped right from the open. Someone was in a hurry to cover. I figured they wouldn't be the last ones to decide to take profits. Therefore: EGGS was due for a rally. Don't worry, I'll be selling before the week is out. Oh yeah, one last thing -- I got lucky !!! Regards, Chris

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