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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (9054)9/25/1998 9:42:00 AM
From: RADAR )))  Read Replies (2) of 29382
 
MSHE - Day Trade

Sergio:

Volume has picked up considerably and the price moved up yesterday within the last several hours of trading. MSHE (an entertainment company) has bought out AGE (Abrams Gentil Entertainment). A news release is expected today or the beginning of next week.

For anyone looking for a day trade, this stock has a thin float. The current price of 62 cents a share could quickly go above $2.00 if past history is repeated. The stock price moved from .52 cents yesterday in the closing hours.

I have owned this stock several times over the last couple of years and have watched the price explosion happen several times in the past. Caution, this is a balloon that can deflate easily. I am looking at a short term trade only.

RADAR

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