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Strategies & Market Trends : Action & Options- Taxikid plays

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To: taxikid who wrote (2206)10/3/1997 12:26:00 PM
From: Blue On Black   of 4339
 
Conclusions on the Dog and Pony Show:
I think that the tendency is there for a rampup on these reverse splits. When these things hit these lows, bottom-fishers will buoy it for a while. There are cases of fast rises for very high percentages on some BS plays.I have been mentioned as having a gunslinger mentality of trading but I am not crazy enough to play this theory. At the very most, I might put some of these on a watch list and check for movement. On this type of play, it will definitely be better to "get in too late and out too early". I wouldn't dream of trying to anticipate this kind of play after looking at some of these. There are better,safer, and saner ways to make money. IMO, of course.
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