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Microcap & Penny Stocks : ALFN - Toy Store On The Internet

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To: dusty who wrote (19)2/6/1999 9:03:00 PM
From: David in Ontario  Read Replies (1) of 2136
 
Just looking for some plays for next week - ALFN looks good.

Nice to read of the company buyback. Given Friday's large volume spike it's hard to judge when to jump onboard. I agree with Bill that the sober strategy is to wait for the post-open frenzy to die down and for the share price to retrace somewhat. However, for a play like this I don't know if it's worth the wait until lunch.

I'll do some more digging and DD and decide tomorrow if I'll jump onboard ALFN.

For a play like this I set a hard profit target - take it - and leave some onboard for a potential upward trend and further profits down the road.

Good luck to all,

David.
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