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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (17713)3/5/1999 8:12:00 PM
From: hoffy  Read Replies (1) of 122087
 
I didn't think I sounded overly positive which way it would go. I find that most stocks that have news out on Friday tend to gap up on Monday as investors, especially newbies read about it and then try to get in. This is true especially with low priced stocks and penny stocks. The newbies can buy a good portion of shares and they think they will strike the next big stock to go from pennies or dollars and rise 10-20 times. Of course it rarely works our for them. That's why I said it will gap on Monday and then from there I think it might run before it is a good short. The news with AOL was pretty big and it will be hyped and that's why I think it will run. Then it will be a great short candidate.
Like I said, what we say here matters very little.
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