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Strategies & Market Trends : Rande Is . . . HOME

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To: KonKilo who wrote (977)12/21/1998 7:48:00 PM
From: Tom Allinder  Read Replies (1) of 57584
 
While BFLY is great for long term... Short term looks good too. We are entering the most entertaining trading time that there is. Around christmas and New Years. Low float stocks that are "running" can be inflated to absurd levels in days. 2 years ago the Y2Ks started running. Two that I was in: ACLY went from $4 to $30 within two weeks. TSRI went from $8 to $50! in a few DAYS... I am looking hard at Internets that had the late Nov run and have fallen back down on support. I have looked at a bunch of them and BFLY is absolutely beautiful. I bought all I could afford today... Float is only 2M. A turnover in the float a few times the next two weeks could send the price into the ozone layer. What would be better though, is a nice steady climb to $50 by next summer. :)

Lastly, I am concentrating on stocks in the teens. These little ones that I have been into the last few weeks aren't moving much.

Tom
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