SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TLTG: Teltran International, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Allinder who wrote (86)2/7/1999 2:37:00 PM
From: E*Trader  Read Replies (2) of 1184
 
Sometimes the opening price is the best price to get in. What about if it opens $3.00, spike to $4.00, pull back to $3.50 and then continue to rise. then the opening price would have been the best price. Usually stocks that have potential to run up, its pull back NEVER touches the opening price, usually stay higher than the opening so the opening is the best time to getin in this case.

Every case has a different scenario and every stock has a different personality (if I may say), it is naive to make a general rule but for a stock with this potential (2 days rise potential, and if you believe in this) definitely the opening should be the lowest of the day.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext