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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (5220)12/31/1998 2:00:00 PM
From: AlienTech  Read Replies (1) of 43080
 
>>with the news of the spinoff it could do a dbcc<<

With 250 mil shares outstanding? Unlikely. The only reason these itty inet stocks jump around is due to the very small floats of a million shares or so. The big companies need some serious money to move them. Even serious short covering dont move the price more then 10-20%.

BTW dont forget, making 10-20% gains in 3 months was considered to be very good trader/er. These days if you dont make that in a day you feel like you missed out on life. What a differnce 3 months make huh?
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