TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Zeddie88 who wrote (23743)	6/18/2001 7:44:02 AM
From: TATRADER	Read Replies (4) of 59879

hi Sue, on CORV, if 3.80 holds as the low today, I have the dead cat bounce calculated to 4.87....I wouldn't stay in any longer, since it is a pretty sick stock.... On COSN, I may do a day trade on it today, should it drift down toward 2.00...I think it has hit its low, but should it drift toward 2.00 today, I'll buy some for a day trade and sell when it hits 2.62 area...For now COSN is a trading range stock from 2.12-3.50....Still holding 8000 shares of COSN with dollar cost of 2.38.....Again the market has taught me a lesson on COSN, take your profits, never give back profits on a winner....I could have played the COSN merry-go-round twice now from 2.38 to 3.40 and taken home sizeable profits both times...Whenever I hold a stock for more than 3 days, I usually end up regretting it.... I think ISLD affected my thinking in regards to COSN...I took small profits on ISLD, and then the next day they were bought out.....Regards, Mark

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