SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ARCHIE P. who wrote (192)8/31/1997 1:51:00 PM
From: ozzi   of 1672
 
Thanks for your insight on ABTX Archie.
When I stated that the stock is trading sidewards, I meant currently. True you had a great run-up, congradulations! What I am talking about is an entry point, if one does not own it. If you look at the historics you will notice that the month of August has shown very little movement, with declining momentum. This would bother me if I was realizing profits at this time.
Personally I do not believe this is a good entry time, unless there is positive news in the near term, to substain this upward trend. If not, I would take my profits now.
This is not advise, just the way I trade. Remember "pigs get fat and hogs get slaughtered".
You seem to be doing very well in the market and I commend you. Keep up the good work. Personally, I love to bottom fish, however I get to greedy and miss out on the bottom, ie: UMSI. Lets see if it rolls down again.

Goodluck,
Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext