993racer I don't know. It really is hard to compare KTEL and SOLVQ. After all, KTEL actually has revenue, has booked a few dollars in real profits, and has a tangible asset or 2, as well as a product people will buy. I'm not short, not long, but waiting. If it gets over 50, I'll probably go long, and if it turns off of it I'll probably go short, or may do neither, but regardless, I doubt I'll take a position home one way or the other.
SOLVQ may have been hyped, but it was hyped nothing. I really shy away from shorting momentum stocks that have positive earnings, and that's KTEL. that was it's all time high close Friday you know. And it was on substantial volume, only exceeded by the 4/20/98 volume of 14.2 million. That was the day it put in it's all time high of 49 1/2, but finished nowhere near it. I think it most likely we see the 50s tomorrow. Heck, the 60s wouldn't surprise me.
Barb |
