JMills' Center of Trades and News Message Board

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Strategies & Market Trends : JMills' Center of Trades and News

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To: DD™ who wrote (11)	1/20/1997 1:08:00 PM
From: Jeff Mills	of 57

Don-- Always be careful on these penny stocks. I saw the news cross my Dow Jones wire and dove right in. However, the stock seemed to hit resistance at 1/2 so I quickly sold my position. That was a real quick trade--no fundamentals, no reasoning, just a volume + momentum play--again always be careful on buying pennys as MMs can drag down the price quickly. Mills

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