MEGALITH CP (MEGH) 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.

Microcap & Penny Stocks : MEGALITH CP (MEGH)

MEGH 0.000200

-92.3%

Oct 3 3:13 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lisa who wrote (118)	5/3/1998 7:28:00 PM
From: Jim B	Read Replies (1) of 430

Don't worry about the morning... worry about the price during late morning dips... I rarely buy in the first hour... how many times have you seen a stock open up in the morning only to fall back during the day and then close back up again on late buying.. as a rule of thumb.. I sell in the first hour.. buy during the late morning lulls and then possibly add a little more during the last hour... (if the last hour shows strong buying you can figure a gap up the next morning)... anyway I don't do this all in one day.. I'm simply saying that if I was looking to buy more MEGH on Monday.. I would wait for either 1) the ask to drop below 20cents based on trading logs or 2) wait to see how high it moves in the first hour and look for a midday trading dip and then for a bottom support level and then jump in for more Just keep in mind that this one doesn't stay low long.. so if you see a price you like... don't plan on checking back 30mins later and finding it still that low... each dip has lasted for just a few mins.. maybe 10mins at best... at least from what I've watched.. like we've all said... someone sure is accumulating the shares that some of us aren't willing to hold onto (me excluded cuz I'm still in the accumulation mode)... hope this helps.. jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next