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Technology Stocks : GTIS - Will it be a Phoenix or not ?

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To: Bonzo who wrote (1901)4/18/1998 1:03:00 PM
From: V.   of 2319
 
Joe,

I bailed at 10 even. :) Didn't want to risk the quick profit.

SORRRRY GTIS!! (Use 'em and abuse 'em!)

Look, it's gonna go higher eventually, low teens is a probability, but not right at this moment. The volume came out of the stock in the last session, and coupled with the market in general, this was the exit point, IMO.

Seems that we'll have a higher level of support now, but until it is confirmed, I will wait to take another trading position...

Did anyone write calls on this a few days ago? The premiums on the shorter term expiries weren't too juicy, but decent given the time factor remaining, and for longer term players, that strategy would have worked nicely.

Well, I must go an get on my skin tight black leather now, so I will check in later with some TA if there is any interest in that. <gggg>

xoxo,
V.
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