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Strategies & Market Trends : Playing Hammered Stocks for a Bounce, But How?

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To: BamaReb who wrote (12)1/20/1998 5:45:00 PM
From: JEFF CHAPMAN  Read Replies (1) of 159
 
To Instock's defense (and mine ;) ).. HCOM's movement was absolutely uncanny. I don't think I've ever seen a stock move like this on no news. It is almost like price movement when a stock's underwriter goes bankrupt. This wasn't the way I wanted to start this thread out, but I still have some faith in the system (of course had I followed it as I've written it, HCOM wouldn't have qualified due to its opening price <$8/shr.
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