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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

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To: Lou Cifer who wrote (1448)7/29/1998 10:12:00 AM
From: Sterling  Read Replies (1) of 1800
 
On selling CYI shares...

Lou: I don't think you're crazy. If you are talented enough to trade the swings in price and if it works for you over the long term, more power to you. It takes a good feel for the market to be so accurate.

Personally, I haven't found much success trying that way of investing so I just kind of plod along with my holdings and endure the swings meantime. But like you, I am very confident in the future of CYI.

As to your new entry points, my own indicators tell me we are there already. I can see 2 7/8ths maybe but not 2.5 (yes, I can be wrong but 2.5 would seem anomalous to me). Besides, the momentum signals seem to be flickering a bit right now as if it's the bottom. I added some yesterday and will do so again today.
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