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Strategies & Market Trends : 50% Gains Investing

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To: Appleby who wrote (259)11/16/1997 11:52:00 PM
From: Dale Baker of 118717
 
You are smart not to buy into a penny stock after a runup unless there is real value involved. Better to be on the pump side than the dump side. I have money in my acount which came from some dedicated soul still holding OVIS/RMIL...and holding...and holding.

For real short squeezes, look at the heavily shorted stocks with small floats. Since HK and Japan are up big-time tonight, expect a big rally on the Dow at the open. It's likely that YHOO, AMZN and maybe ONSL and YURI will shoot up. Be wary of big gap-up openings, however, and don't hold the stock overnight unless you are feeling really lucky. A five-point rise in AMZN is usually followed by an equal decline in the next day or two. The shorters will be out in force after a runup.

Let's hope the positive market is kind to BNGO. Good luck today.
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