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Strategies & Market Trends : Can you beat 50% per month?

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To: Jon Scott who wrote (290)2/28/1999 1:41:00 PM
From: Jon Scott  Read Replies (2) of 19256
 
Thinking about Friday's action in ROMT.
1.6 million shares traded and stock goes down. Well before the news.
I think most that wanted the quick profits i.e Curtis got out and may just make Monday easier.
New round of players above $5 should ensure at least a couple of dollars up tomorrow. Longer term, the fundamentals and prospects make it a safe hold, unlike most other mania moves.
Volume should be at least twice Friday's, guessing around 3.5 million shares, but the more, the merrier.
Tuesday may bring further gains still.
Last weeks attempted buy of ACTV failed. It may be the MSFT of the digital and set-top box arena. I've followed and traded it for nearly 10 years. Got 10 years of 10ks and it's good to see Robby the Robot grow.
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