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Strategies & Market Trends : The picks

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To: Shawn Murphy who wrote (3437)1/30/1997 5:39:00 PM
From: Trader X   of 6124
 
Shawn, re MEDY

The reason PSTA didn't move the same way, is
1. it's a penny stock. (so fewer people would be interested)
2. it's a food stock, not the sexier medical products like MEDY
3. it's in a downtrend with tremendous overhead supply (people waiting
to get out of it with any uptick).

MEDY did not start to explode in volume until the time you posted.

Considering it was a 1/2 point rise and the ralley fizzled, that's about the effect I would expect from the readers of this thread to have on "Pick day". An effect, but not a serious one. No biggie.

Kevin
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