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Strategies & Market Trends : The Amateur Traders Corner

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To: RockyBalboa who wrote (14665)10/8/2001 7:39:45 PM
From: Tom Hua  Read Replies (1) of 19633
 
Chr., it's only day 1 for AATK, actually not even day 1. The PR came out late in the day and stock promptly jumped 150%. I suspect it'll run up some more, maybe quite a bit more. VISG went from $2 pre-attack to 13s today. AATK is only $3, momo traders just love these cheap stocks. Float is relatively small.

Remember this is a casino play, fundamentals don't scare away the momo players. Fundamentals of course will eventually send it back to pennies.

I can't wait to hit it, hopefully high single digits.

Regards,

Tom
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