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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Patentlawmeister who wrote (2342)5/24/1999 10:36:00 PM
From: DAK7  Read Replies (1) of 3086
 
Don't forget that we are talking about a stock that just rallied 250% in a week. IMO it is pretty remedial TA to say JAWZ going back to $4 based on charting from the last six trading days. The MM's are the ones that will dictate the next move. They took it up Friday AM to fill the momentum buyers and then jammed them this morning to shake out the weak longs. After a move like that I would rather see JAWZ consolidate in the $2-3 area on some meaningful volume. I managed to get back in today at $2.50, although the volatility surprised me. I like this stock and think it has great potential, but it would be better for JAWZ if the distribution improves so the MM's can't push it around. Good luck.
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