SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 50% Gains Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Barr who wrote (627)3/13/1998 5:04:00 AM
From: Dale BakerRead Replies (1) of 118717
 
Friday update: What's hot and what's not.

HOT - CMP, RENT, TMBS, UBIX, IHS all cooking along with good volume and price movement. Huge volume in RENT; good movement on low volume with CMP and UBIX. Volume coming back to TMBS - target 18 this time around. Also good for a long-term hold into the 20's if you can afford to tie up your margin.

ALTIF short finally broke down under 10. My target to cover was always in the 9's so I will close that position today, even though ALTIF has a good chance of dropping more without positive news on their centrifugal thingamajig. Also, volume the last two days just about equals the number of discount convertible shares in the latest tranche; price could stabilize from here. Take the money and run.

UIS October 17.5 calls. UIS is poised to break 20 today. Chart looking great - tech futures are up. Looking for $25 - 30 by October, if the story holds.

WHAT'S NOT - Chasing PPOD was a mistake. Internet hype stocks aren't moving in unison any more. Be careful.

SFNB - I am holding this long-term because I think the damage was way over done; SFNB said they would sell their bank and focus on software and they did. So what justifies a 35% drop? I think the MM's are loading up on shares to sell on the next positive announcement. I will probably buy more SFNB once I free up some funds.

ZITL and ZONA puts - both falling back with squeezes in the common stock, but likely to pay of in June and May respectively unless either company produces REAL results, i.e. cash payments for products and services instead of hype. Small plays on each.

TODAY'S HOT IPO'S: CMND and DSET. If they don't price too high, both could be a good short-term play.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext