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Technology Stocks : JW Genesis (JWG) - online trading in the future?
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To: Roads End who wrote (25)5/23/1999 3:15:00 PM
From: DavidCG  Read Replies (2) of 78
 
" There is a reason this company trades only 48K a day and they will find out when it comes time to sell."

I could be wrong, but didn't JWG trade 400K shares on Friday?

Hmmm..Call me a lunatic, but that means people are starting to take notice.

Do you know what SWS was averaging daily in December when I spotted it at $16?

LOL, check the historical chart/volume. You'll either laugh your head off, or cry that you just sold JWG too early.

We've barely scratched the potential. There were virtually no posts regarding JWG before I posted at about 3pm friday.

Heck, I only noticed this stock because it was one of the most active stocks traded on the AMEX.

I bet only about 10 people even know this company exists.

That will change this week when I'm sure JWG will make an announcement concluding the final sale of its clearing division for $58 million cash.

Now I would like to be in this stock BEFORE this news release hits and every trader and investor from timbuktu jumps on.

Look at NDB, SWS, JBOH, SIEB, heck any brokerage and see how much cash they have to expand their operations.

You will be very suprised when you see figures of $4 million or less.

Now here comes JWG with $70 million cash.

Whoa.

Also one more potential thing that could take place, a takeover by someone else. JWG's books now look solid.

-DavidCG
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