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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (18171)	1/9/2002 7:21:35 PM
From: lifeisgood	Read Replies (3) of 19633

I really don't think VISG will jump on news like before. For one thing, most of weak shorts have already been scared out (thus eliminating possibility for short squeeze). Secondly, momentum players have moved on to greener pastures. Third, even a dufuss can only be fooled so many times, so finding suckers to fall for the pump will be more difficult (pump and dumps eventually fail when repeated on the same stock). Finally, insiders have accomplished their goal of unloading hundreds of thousands of their shares and will thus be less motivated to continue to beat this dead horse. The game is over for VISG. Say hello to 5 within a few weeks (at which time it's still overvalued by a factor of 4). It will trade at 2 again this year IMO. Best... LIG

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