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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (23467)1/18/2001 1:29:52 PM
From: Ken W  Read Replies (1) of 29382
 
Joe:

HPOW is an odd stock as it has bids and asks all over the place. I bought some yesterday at 9 and it promptly went down to under 8 on very small size trades. Bought another group this morning at 8 and sold that at 9 1/2. I think 8 is going to be a fairly safe play to mid 9's as there are a bunch of short players hitting it everytime it gets near 10. Like I said earlier, very risky.

The meow stock is going to base for awhile between 5 and 5 3/8 until there is some announcement about NASD Nat'l listing. I'll be happy if it stays over 5 for awhile. Was reading up on the requirements last night and the 5 dollar min. is just one of many criteria they have to maintain.

Ken
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