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Microcap & Penny Stocks : Internet stock under $5
ITEC 0.00010000.0%Mar 6 3:00 PM EST

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To: soar who wrote (80)2/17/1999 11:24:00 AM
From: Roger Staubus   of 85
 
I am still long GLXY. Stochastic indicator is oversold, and giving a new buy signal, but we need more volume.

Earnings for the last six months of 1998 are coming out later this month or early March.

New funding is good news for this stock, but price has not responded to this good news.

Market has not mostly negative lately, so that has impacted GLXY as well.

Volume has declined on the price decline, so I view that as a positive from a TA perspective.

What I really want to see is for the price to move up, on increasing volume, and a good solid stochastic buy signal. Every time I have made money in this stock, those three elements have been present.
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