SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MCLL Metrocall -- Ignore unavailable to you. Want to Upgrade?


To: John Liu who wrote (93)7/7/1999 5:15:00 PM
From: Lawrence Burg  Respond to of 266
 
Wow, tough questions. Not knowing the fundies that well, it's be unfair for me to render an opinion. I noted those losses, but also the 50%/quarter revenue increase. I guess it's just part of rapid growth. I suspect they're planning on revenue eventually surpassing expenses...gotta grow, right now, to survive, that sort of thing...

Anyway, that's not really why I'm in. I'm looking at it very short term, maybe a week or two. I saw money coming in via TA. While the Intraday & 5-day charts showed some weakness after lunch, it was on minor volume. I'll wait to see what the next day or two brings, but I suspect there'll be a bit of a pop along the way. The 200DMA may offer up some resistance around $4.

They also seem to be pretty consistent w/PRs, but haven't had one out in a week.



To: John Liu who wrote (93)7/7/1999 10:49:00 PM
From: Lawrence Burg  Read Replies (1) | Respond to of 266
 
Happily, my TA Momo screen has MCLL undamaged by the afternoon weakness. Still looks very strong, with the fast oscillators breaking fresh highs, but shy of overbought territory...

Looks good for a further advance tomorrow.