TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (667)	5/30/1998 5:16:00 AM
From: Dale Baker	Read Replies (1) of 59879

Mark, take a look at MEME if you have time. I can't figure out the chart in terms of volume. Take out a couple of pump and dump days and you have a steadily rising curve on progressively lower volume. On the one hand, it looks like stronger hands are buying the stock for a longer term play while the quick sellers have vanished (no more volatility to play). The company has signed some small deals recently and has an unproven technology. Is the stage for a big move up on positive news? Or do you see an overhead factor just over $2 waiting to pounce?

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