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Non-Tech : CAOL: The Chinese AOL and Internet Lottery
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To: Investor Clouseau who wrote (162)5/10/1999 12:23:00 PM
From: wanmore  Read Replies (3) of 720
 
IMHO you can't do T/A on BB charts. The MM have far too much power to increase the spread and delay the trades. I dont even have correct bid/ask sizes for them (if anyone knows where I can get them please let me know. I like CAOL for a couple other reasons: 1) the symbol change usually makes the MM "create" volume to attract attention. 2) #3 on SI hot topics list. 3) I think gaming is a hot industry now and the internets are due for some action this week...this one has both. 4)The price is low enough (in comparison to its previous trading range and in dollar amount) that I feel my risk is limited. 5)I've been extremely fortunate with lower priced stocks lately.
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