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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 32.91+2.4%11:23 AM EST

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To: Stock Watcher who wrote (165)1/20/1999 1:32:00 AM
From: eStockhawk  Read Replies (1) of 52051
 
VTCO toppy S-T in my eyes.

I've been a big fan of VTCO since 2 3/4. And I'm out now. These guys sell computers, etc... How far up can they go? EGGS is in the mid-20's and is an older and larger company. The news today on VTCO, and someone tell me if I'm wrong, is simply that AMZN will now have a banner on VTCO's website. And if one clicks through and makes purchases, VTCO gets a little percentage. I've seen that same news on other small stocks and the lift up is temporary.

EGGS has the auction and other partnerships as well, so at the best this stock is in the 20's. But short term, look at their chart! VTCO is way over extended with the gap up today, its MACD, and Stochastic are incredibly toppy.

Hopefully I'm wrong, but my call is tomorrow is the wrong day to buy in... I like the company, and I think they're doing exactly what they said they would according to their business plan, but this has got to be too much too fast.

Good-luck
eStocks
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