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Non-Tech : MB TRADING

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To: jawd who wrote (203)5/15/1998 4:30:00 PM
From: Andrew G.  Read Replies (1) of 7382
 
Jawd: I only wish your scenario regarding XYBR was true today. Unfortunately it went the opposite way and closed at $7.

Which goes to show you that "junk" stocks like CFON are sometimes more "profitable" than "real" stocks like XYBR. I have hopes that XYBR will show it is real next week with more press releases regarding sales/license agreements, press coverage, etc. For now it looks like it was a daytraders dream, provided they were betting the right way.

If you look at MARG, KTEL, SEVL from a few weeks back you would think that the momentum could carry through for a stock like XYBR. But apparently there is NO RULE of thumb that can accurately fore tell the direction of a stock. Read all the books you want. It's all still a gamble.
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