PYNG Technologies Message Board

STOCKTALK

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.

Gold/Mining/Energy : PYNG Technologies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ward Nicholson who wrote (2059)	4/20/1998 12:38:00 PM
From: the Chief	Read Replies (2) of 8117

Hi Ward. TA works extremely well on non-event driven, and non-speculative stocks. I will take your word for it that you can make it work for Pyng as well. However, the fact of the matter is; a) people are getting nervous in a very overpriced market b) they are reducing spec stocks in their portfolio and moving to blue chippers c) the non-educated quick "flipper" has decided to bail with a $1.00 loss. All these things are directly related to Pyngs present value. Because spec stocks are so heavily event driven, I can foresee that on any one day, with the right release, Pyng would blow TA fundamentals out of the water. Until that day arrives, normal migration downward can be predicted. The interesting thing about event driven stocks is no one knows when the next "event" is going to happen! I, personally, do not see a $3.00 Pyng, (barring Japan problems) I expect buying to come in at anything around $3.85 and appropriate releases to continue to stimulate this stock. the Chief

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next