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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: tony sidhu who wrote (73622)11/29/1999 12:10:00 PM
From: Mr. Stress  Respond to of 120523
 
whats up with jcda...?

NO BUYERS. NO VOLUME.
Market makers were ready and willing to let it run today. Bid it up $1 1/2 on no volume to get it going. When they saw no buyers the party was over. Everyone is just waiting and watching. If everyone would all just start BUYING instead of waiting, we would be up much more than we are. I think the market makers scared everyone away when they manipulated it down the last couple of weeks on good news. What it needs are the underwriters to step in and start buying the heck out of it. After all, they ALL said it was a $40 stock, right? $21 should look cheap to them (and everyone else).

still holding. still waiting.