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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: funk who wrote (4075)5/10/1998 9:23:00 PM
From: Dave O.  Read Replies (1) of 12617
 
Funk,

< Can you offhand recall a specific piece of news from the tv that helped you make some good loot? I'd be interested to hear an example. Maybe I'll have to capitulate >

I'll jump in. A few weeks back some fund mgr. or analyst was talking about the internet craze. He mentioned a stock, MECK (Mecklomedia) that he said "is actually making money". The stock normally trades about 50K shares. It had traded like 16K that day. By the close it had traded 3.67 million shares and the price ran from 23 3/4 to 29 7/8. That's a serious moneymaking opportunity. Perhaps extreme.

Take a listen when they have their Taking Stock session. The other week the guest happened to mention SQNT in a positive light. It was good for an easy 1/4 in a few minutes. Obviously not all of them move.

Dave
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