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.
Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (9758)9/29/1999 11:12:00 PM
From: Kevin Hamlin  Read Replies (3) | Respond to of 36688
 
Re: ABC-T

<<<Up to this point, it is just back in that trading range.>>>

I agree with this comment Fuddle. I think what caught my attention though was the nature of the buying today (who's doing it) and the volume that has suddenly come in in the past two days. These factors are both "non-typical" for this stock. More often than not, these are the clues that I look for that tell of a short term price rise to come. (For example, the same idea was very visible in VEN last Thursday and Friday, although the price had moved minimally.) That ABC is back into its trading range from bouncing off a low is worth noting, but not an issue that made any difference in my deciding to buy today.

Sorry to hear you had to get out a few days back on lousy md Fuddle. Not a fun place to be. I've been caught there before too, eventually chalking up the loss to a (another) lesson learned and a little more "tuition" paid out for the privilege of learning this crazy game.

ABC's nature has been to trade quite thinly over the past couple of months which is why I chose to stay out. The very recent surge in volume and buying is intriguing. We'll see what comes of it!

Regards,

Kevin