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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 34.81-1.0%Dec 26 9:30 AM EST

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To: Stock Watcher who wrote (5490)4/3/1999 2:11:00 PM
From: hoffy  Read Replies (1) of 52051
 
I already forgot about IATV being a $5-10 stock. I think of it as a $10-20 stock. I hate to look back. Always look to the future with optimism.
I was very impressed with the IATV trading last Thursday. The day traders tried to get in on the IATV action which is why the stock ran up so much on Wednesday. A $3 rise was not justified. I was afraid it would pull back more on Thursday. But after the day traders got out, the stock came back very strong. I was almost tempted to sell Wednesday afternoon and buy it back when it dipped on Thursday. But I keep telling myself not to trade this stock daily. Just hold on to it and let it take its natural course. I know Mike.com agrees.
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