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Strategies & Market Trends : LastShadow's Position Trading

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To: SpecialK who wrote (3874)12/8/1998 7:55:00 PM
From: Dave Shares  Read Replies (2) of 43080
 
Ketan,

For what its worth, and my opinion and 25 cents pays for a local call at the pay phone, WAXS is a good company with a good future. But I do not think this is the time to own its stock. It is going through acquisitions, and as LastShadow pointed out, the chart does not suggest that it is going higher right now. It may not have found a bottom, and I don't see where it can be said to be in an uptrend.

David
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