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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1818)1/23/1998 10:20:00 PM
From: David Smith  Read Replies (2) of 2377
 
Regarding FIBR, you posted:

"FIBR was an outrageous pick regardless of whatever you have to say about it."

Let's review the facts. FIBR was posted as a pick on this thread Tuesday morning, when the stock was trading at $5. Over the next 2 days, it reached a high of $6.25 (a gain of 25%, if one was quick enough to sell at the peak), but today closed at $4.90...below where it was recommended. In addition, the stock was recommended AFTER it had risen from $2.25 to $5 in only 2 weeks...a gain of over 100%. Thus, one can conclude the following:

1. FIBR was "picked" on this thread after a lot of other people had apparently picked it...not exactly an undiscovered gem.

2. It is, at this point in time, a pick that is underwater, and as such joins a panoply of others with symbols like IBAH, VVID, etc...

Them's the facts.
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