***Response from Joe Lanza***
Yang,
You're back, and once again I love to read all your misinformation - it gets the discussion stirred up. So let's see, now...
Today is Feb. 4, 1998 and Xecom is trading at 13.5 cents to 16 cents. So, according to you, if someone buys Xecom tomorrow at, let's say no higher than 15 cents, and the stock goes to 25 cents, is that nothing but a dead cat bounce? I mean, it's only a 66% increase, right? God forbid that you should be wrong, as I have been.
Anyway, at this point, I would not pay any more than 15 cents for Xecom. Let the company buy a block for the shareholders at 15.5 cents.
When you tell people wanted to take advantage of a dead cat bounce of 10% when the stock was at 24 - 27 cents, that's really funny. 2.7 cents doesn't even cover commission.
Yin |