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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: G who wrote (10803)5/3/1999 8:13:00 PM
From: Rob Davis  Read Replies (1) of 62348
 
Hi G,

Please read the "rules" at the beginning of the thread. If everyone
tries to follow the guidelines set out by the Chief, this thread will
remain one of the best on SI.

i agree, but when the sock goes crazy and i feel it will this week

First of all, this is a Realtime thread where stocks with MOMENTUM
are discussed. Not stocks that have the potential to do well.

Are there any reasons why this stock will do well this week? Have
you done any technical analysis of the chart?

will it matter that u held onto to it for a few days.

It will matter if you are making posts to this thread about it. The
people who read these posts are daytraders (and daytrader wannabes).
Wait 'til SV trades 3 or 4 million shares and/or breaks out above
$0.03 before alerting this thread. People on this thread don't
like people who "hype" stocks from their portfolio.

this stock has a 20% downside with an upside that could test 10c soon. if it drps below 2c sell if not, the way i c it is risk losing 1/2 cent for a strong upside

Are you taking buying and selling commissions into account? Say they
total half a cent (some brokerages would charge half a cent for the
buy and half a cent for the sell). In your worst case scenario,
you buy it for $0.025 and sell it for $0.015...taking into account
the half a cent commission and I see a greater than 50% loss of
capital. That's not the way I like to play it. Just my thoughts...

Cheers,
Rob
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