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Technology Stocks : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?


To: techstocker who wrote (443)7/26/1999 10:50:00 PM
From: Susan Saline  Respond to of 1214
 
>>>..Stock reached a high of $36 the day before coverage and traded down some 4-5 points the day coverage came out..........now trading around 20 1/2.

exactly ... it must be noticed ...
the trading history of the stock's chart patterns will also contribute to it's moves in the next week ... if this were already run up, I would not have even looked at it, as it would have already had it's anticipatory upswing .... But the change should soon be occuring .... from run up before end of q.per., so now we should see a run up upon the actual news itself.

Run-up's before the ending oof the quiet periods, are old history (if one month is old), and the ipo's ran out of steam.

chartwise ... see bottom held ... at double bottom ... no sellers below this point, as they would all be selling at a losing price ...

regardless, of whether this is bottom or not ... the risk :vs: reward at this point is very tasty

risk: one point stop loss
return: possible very short term 20, longer unknown