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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?
XNET 7.105-0.9%Dec 31 3:59 PM EST

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To: P.E. Allen who wrote (243)3/12/1999 7:36:00 PM
From: majormember  Read Replies (2) of 1593
 
>Remember these words: If this stock gaps on Monday it is dead.
>>Repeat If the stock gaps It is dead.
>>>Check on all stocks, especially OTC-BB stocks that gap die

P.E.A.,

Ah Ha', now I get what you are "trying" to say.
If a stock Gaps DOWN, you are dead.

As for ones that Gap UP, how about:

PNLK 1.20 to 5.25 (two days)
DGIV had some beautiful gap up's from .50 cents to $8.00
IMOT
MLRE
WINR

Just a "few" that come to mind that had big gap up's, had the
usual MM games around 10:30....1 PM, etc. to shake the tree's,
and continued up for incredible profits in a few days.

Basic TA on Gap UP strategies:

When a stock gaps up, if one hour after trading, the present
price is higher then the opening, GO LONG, BUY...

There are modifications to this rule, but if you need a
refresher TA jolt, go to TATRADER's Gizzard thread.
He is one of, if not the best TA on Silicon, and I'm
sure will answer any questions of yours on TA.

Cheers,
Skane
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