DOCU's jump may have been largely due to rumors but there is something else at work here also. Small caps tend to bounce up going into January especially if they have been hit with tax-loss selling. DBCO is one I noticed took off yesterday. I'm sure lots of the microcap biotechs/medical will follow - MAMO, SALV, TRIBY, PRLN..... Another one is SOLP, a temporary staffing company with good earnings. Then there is FPNX (First Pacific Networks) which has technology to deliver telephone service, TV etc all over a cable network (high about $3.20, currently 28c on the ask). PARL started it's bounce. GYMM looks good.
The bounce can also be played with quality companies like Microdyne MNPI, Microcom MNPI, VTEL, LUMI, ANLT, LUMI, QSII, MADGF, DOCSF....
Good Luck,
Meredith |
