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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (13474)3/19/1999 9:19:00 AM
From: Jim Spitz  Read Replies (2) of 25711
 
MMCI is orgasmick's pick. He and his followers jumped on it yesterday. They were supposed to do it quietly at under $1 but some rather larger orders went through which pushed it over $1. (greed?) They will begin hyping today to try to get it up to around $5 at the peak and then take profits. You may as well wait for a better run up before shorting this one. I am not long or short. They feel that since they quietly own PLCO shares, this has been overlooked and it deserves to be around $3, well this and about 0.75 in cash, I guess. They were around $0.25 before all the excitement. Stay in the Black! jimS

PS AAFGQ is way up. Their web site is opening next week. I hold some long and will take some profit soon. I have been holding from 0.47 last year before they got de-listed from the NAZ. jrs
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