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Strategies & Market Trends : Steve's Channelling Thread

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To: Alex MG who wrote (21068)7/20/2001 4:05:18 PM
From: Zeev Hed  Read Replies (4) of 30051
 
OOHH, that is risky play, real penny stock stuff... I have not looked at this one for a while, but $.11, that is a low price alright. I for one am scared "shitless" of next week, and thus downloaded near the close the IMCL I had fro just above $50 at $47.03, since i bought that one, I traded IMCL twice for a net gain of more than the loss on this one, so I call this one, just a "waste of time". I am looking at repositioning in the low $40 if they et me. By the way, PDII closed at $68.39, down $1.60, an extremely small loss, considering this one swang all the way to $46, unbelievable what the MM's will do when bids disappear, and the causus belli, a piece of news already more than two months old...I am not complaining since I did well on that one today, covered on a lot of "sins" from earlier this week.

Zeev
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