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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: BoNg-N-BoNg who wrote (20537)8/24/1999 5:21:00 PM
From: kendall harmon  Read Replies (1) | Respond to of 43080
 
MCHM I am a lousy shorter but this one looks fishy to me. My post to the dog pound thread.

Bill I noticed you follow MCHM which is a new one to me. I watched it soar and then I began to research the news and I do not get it.
They have a patent which got approved. That is all. Somehow that does not seem worth a nearly 50% move in a stock.

The area of erectile dysfunction is a very competitive one too.

What am I missing? Insiders show planned sales of shares, and if I read it correctly this company has 29 employees, right?



To: BoNg-N-BoNg who wrote (20537)8/24/1999 5:26:00 PM
From: LastShadow  Respond to of 43080
 
ADBL - yes,. that is correct, and I am still long.

ELNK had a nice 3 point rise at the end. Tomorrow shoud be real interesting...



To: BoNg-N-BoNg who wrote (20537)8/24/1999 5:50:00 PM
From: Redhook  Respond to of 43080
 
ADBL>>>$15 is resistance...thats why I dumped it all at 14 7/8.....I did buy back on the dip under 14...watch 15 though...if it breaks, then 17 is the next heavy resistance spot.

I'll probably sell 1/2 at 14 7/8 again unless there is news because it will probably bounce there again. I will put a buy stop at 15 1/8 in case it goes through 15....don't want to miss 2 points up to 17.