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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

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To: dartmouth who wrote (1044)12/7/1997 9:24:00 PM
From: Andre Daedone   of 1923
 
dmouth:
I have a stake in APTX, so I come to this thread and read everyday, and post once in a while. I read your post so I can't help commenting on your paper loss. When BOSCF was first chosen as one of the 56 thread picks, Instock emailed me, to pick it up, I didn't but I watched it carefully. I saw it go up for about 3 maybe 4 days then it started to retreat. It was acting like day traders and momentum players were onto the stock. Usually day traders (especially with penny stocks) will jump on a stock that has been targeted as a investment situation. I know SYQT is getting killed by day traders. If they make a profit, even a very low one in 1998 their stock will soar. However, I don't see it. I found (after a paining awakening) the key in buying a stock is finding a good one for yourself ( you must do the work yourself ), hold it, because it is an investment. Day Traders, momentum players,naysayers, market makers, are all greedy pigs and will buy low, pump up the stock, sway you into investing your money when it is high, dump a stock and sometimes convince you into sell low through panic techniques. This kills a stock and it lacks integrity. When I buy stocks I always buy with a long term intention, whether it be pennys, small caps, or mid caps. As for ATPX, no one knows what their next earning report will be, when thats come out, and if it is good, then the stock will see higher share prices. If not ??? I am holding because ATPX because I believe they will come through, and I will keep holding.

Andr‚
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