GIFS Message Board - Msg: 803330

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Microcap & Penny Stocks : GIFS

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To: Lee Solomon who wrote (2132)	2/11/1997 1:53:00 PM
From: Eric Maggard	of 8012

Lee, I don't think that it is funny that some people bought into GIFS when the news was announced and sold out just a couple of days later. I did that, but it was with money that I have designated to do short term (2 days to 2 weeks) trades. (play momentum) When I saw that the stock didn't follow through yesterday, I sold.(I also watch the technical indicators) Lost a little, but you take your chances with short term trades. BTW, now it looks like the stock is going to go back where it was before the announcement. My money is now in ALMI and up a little from this morning. I don't like my money sitting long term in a dead stock. Good luck Eric geocities.com

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