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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Sam Quentin who wrote (4954)8/25/1999 11:42:00 AM
From: James Strauss  Respond to of 13094
 
MCHM...

Sam:

Yesterday traders got a rise out of MCHM's news about an Erectile Dysfunction topical application... Whether or not this is the next Viagra remains to be seen... Many "Next" type stocks don't pan out...

There is some profit taking today...
timely.com

It has 13 day MA support in the 5.75 area... This could be a volatile trading stock... Look at the management team to get a feel for their ability to market their products, and their success rate... If they are good, this could be a good intermediate term speculation... If their history is spotty, I'd wait for the price to back off before considering a trade...

Jim