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Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5!
ATEC 15.26-2.6%3:59 PM EST

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To: rt1^ who wrote (1038)1/27/1998 1:06:00 PM
From: John Chapman  Read Replies (1) of 1298
 
4 1/4 x 4 9/32. I was expecting some resistance here beause this is where I bought a small position pre split at 27/32. I watched it more than double from there and then rode it through the split down to the bottom around the 3 3/8 area. It was small enough to not worry about losing the double. I picked up some more there and then got serious at 3 25/32 when I saw the volume picking up. If it doubles this time to around $7 it will be a different story. If it breaks through this $4.20 area like it looks like, the next stop I see is at 5 1/4. There probably is some overhead around the $6 area as that is where the old base was pre split. I do not know how much overhead is left though. There was a lot of negatives being shot around on the way down so maybe many people sold out and that got rid of a bunch of it. We wil see.
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