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Technology Stocks : MSGI Marketing Services Group Inc. -- Ignore unavailable to you. Want to Upgrade?


To: B K who wrote (1372)6/16/1999 6:32:00 PM
From: David in Ontario  Read Replies (2) | Respond to of 3418
 
BK - my overall strategy calls for MSGI to be at $50+ by the end of the summer - which I still feel is easily achievable. I would suggest that the shorts cover very soon as we are very likely headed higher now.

I suspect that a SCM -> NM move will bring some solid buying and generate upward pressure which could put the stock into an overbought position again - thereby making it ripe for shorting once more. If we have 3-4 solid upward days above $35 then I'll seriously consider selling something into that strength and locking in a profit.

I believe that MSGI will offer the investor many opportunities to enter and exit and make nice little profits along the way as the stock moves forward.

If I don't sell something into the next surge and take a profit - and buy back in following some retracement - then I again ask that someone/everyone here slap me!!

David :)



To: B K who wrote (1372)6/16/1999 7:02:00 PM
From: Jenne  Respond to of 3418
 
Great advice...