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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (16986)	6/23/1999 4:37:00 PM
From: 2MAR$	Respond to of 25711

Yep, hehe, SHCC to $1.00 !!!! 2M

To: Joe Copia who wrote (16986)	6/23/1999 6:50:00 PM
From: Andrew Cubides	Read Replies (2) \| Respond to of 25711

Any new thoughts on SHCC Copia buddy? SHCC Picked up momentum as steady buying continued from yesterday into today's close.We closed up 20.69% at .19 on heavy volume of 3,519,700 shares. SHCC tested and broke a critical resistance at .175 and traded steadily higher into the close with an Approximate 70/30 buy ratio. The float (14 million shares) is tightening and we expect buying to continue tomorrow with an expected gap on the open. ALL technical indicators are screaming buy. Momentum trended well today even during the days small pullback, indicators accumulated strength. Relative strength is highest since June 10 and no where near oversold territory. We've got plenty of upside left and a great trade ahead of us. Looks like we can expect the next PR anyday... once we get that news, it's take off time! People have emailed me aso to how long i plan on holding, well I have not sold one share of SHCC as of yet. I am sure SHCC will be hitting the .30s very, very soon, and may go past .50 once the third parts is made known that SHCC is doing the telecommunications business with. RB thread is rumoring that it will be QWST, but I don't want to get our hopes up. This was taken from the last PR: ''Several long distance carriers have expressed interest in this telecom project,'' reported Morsey. ''I decided to align my company with an aggressive, innovative and rapidly progressive long distance carrier. The company has executed a definitive agreement with an internationally recognized carrier to provide long distance services. More details of this contract will be available in the near future." Once this party is made public, then SHCC will see much, much higher levels than just the .20's.... daytraders will be all over the PR that reveals a major player here. I will be holding for that day, which shouldn't be too much longer... Have a good day everyone, and good luck to those who decided to venture into SHCC. FastPing www.stock-rave.com