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Technology Stocks : GTIS - Will it be a Phoenix or not ?

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To: RJC2006 who wrote (1127)11/11/1997 5:26:00 PM
From: John  Read Replies (1) of 2319
 
It seems like someone decided to dump a bunch of shares at the end of the day. The last trade of the day was 54,000 shares at 7 15/16. All the damage was done in the last 15 mintues 104,500 were dumped. I am really getting sick, I bought 10,000 shares of MPRS at 4 7/16 before it rallied, and had a heck of a profit in just a few months, and now GTIS is dragging the stock right back down towards where I bought it. Furthermore GTIS has now fallen to almost as low as I bought all my shares earlier this year. I was impressed that GTIS seemed to consistantly make money, even in the summer months, when other game companies were faltering. Their agressive move into Console games and publishing their own titles seems like a good strategy. I guess I believed in the company a bit too much. Should have unemotionally locked in profits at various levels, rather than holding everything, waiting for the big score. Quite an interesting lesson to learn, though I still think this stock will rise on the next wave of Duke Nukem games for console and PC.

JV.
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