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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: GTC Trader who wrote (8123)4/16/1999 11:28:00 AM
From: TATRADER  Read Replies (1) of 59879
 
scalping today..sold PAP for 1/4....
holding NEM,DMIC, and GLBL...

Happy, I don't follow fundamentals but TMAR has not been participating with the other stocks on the oil run...I did look briefly into it, and it gets down to this..They have a lot of debt, but if oil prices genuinely can hold in the 16-18 area, they will make it, and the stock will appreciate, at least to the 8.00 level(in fact I have a much higher 6 month target)...Right now the market is still having a difficult time believing these oil prices will stick for the next 12 months...

Regards, Mark

P.S. market seems to like the 50 million private placement...Hang in there Happy, this is not a MDIX
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