Playing Hammered Stocks for a Bounce, But How? Message Board

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

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To: Mark Jenkins who wrote (71)	1/27/1998 5:34:00 PM
From: (Bob) Zumbrunnen	Read Replies (1) of 159

My current batch of FTEL cost me $5.1875. Thought I'd brilliantly nailed the bottom. So far, I guess I didn't miss it by too much. :) Anyway, whatever I take out of VESC in the short-term, I'll be putting a little into MXMX (I think I might be able to get it for 15/16, which would please me immensely) and my signature fave penny, ARET. Not optimistic about VESC, though, and would love to hear the thread's thoughts about it. If ever a stock has been hammered, VESC is it. All I know about the company is that they got slammed about 62% yesterday after an analyst downgraded them from strong buy to hold, which is a pretty substantial drop in sentiment. It never bounced, though. I feel confident it's been nailed as hard as it's ever going to be, and that it's not going down (much) from here, but am wondering if anyone thinks it should go up soon. Looking forward to the thread's thoughts, and playing other thread mentions/picks

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