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Strategies & Market Trends : WR's Momentum Trades

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To: ChrisJP who wrote (8618)10/27/2000 10:30:15 PM
From: Wayne Rumball  Read Replies (1) of 11130
 
Thanks Chris. Been battling the freaks on RB and that is the first positive thing I've heard tonight about GLMC that I haven't written.

The freaks are bashing it so hard I see no reason to buy it at the ask. Buy at the bid when it looks good.

I have no clue why there should be so many people bashing a .50 stock. If they are short they might as well cover, it would be stupid to be short this low.

Maybe they want it lower so they can buy it lower.

Maybe they are still long and are stupid.

I really don't know. I tried my best to figure it out, but I can't.

BTW, GLMC apparently got 2 million financing secured today.
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