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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Silicon Trader who wrote (27905)3/16/1999 8:44:00 PM
From: Jenna  Read Replies (1) of 120523
 
BAMM like deju vue after FIBR.. then we get a thread on FIBR/BAMM becoming a hot spot on Silicon Investor. Anyhow these 'trends' are usually more apparent during earnings season (which is when they were on the newsletter/watch list) because a sleeper can sometimes awaken and make up for the time they were just lying around and consolidating.

But to be perfectly honest I liked BAMM more when it was "our" pick, in our newsletter, and then its a 'pure' play. When the media like KENSEY get on it, it causes a herd effect impacting the stock artificially, leads to a morning gap up, which causes people to chase it, and it is anticlimactic after the fact. Of course if anyone is already "in" BAMM, I would expect a gap up just because of the notoriety. Note how some of the high flyers like CYSP goes up 30% on one day and down 25% the next.
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