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Technology Stocks : GWRX Leader in Smart Phone Market

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To: Instock who wrote (760)2/17/1999 8:24:00 PM
From: Jose Matos  Read Replies (1) of 960
 
Instock, lets be serious for a second. GWRX has seen the highs. It couldn't break 7 1/4 on the biggest volume it's seen in years.
It couldn't even close above the $6 level set just a last month.

Face it, the daytraders are the reason for today's 55% spike. Now they'll be the cause for the 50% retracement.

I'm not bashing the stock. It's a very nice daytrade. Just not a long term hold.

Disclosure: Short at $7 flat. (yes, I know I got lucky).

Regards.
Jose.
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