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Microcap & Penny Stocks : MDU Communications Inc. - MDTV -- Ignore unavailable to you. Want to Upgrade?


To: DanielleC who wrote (885)12/2/1999 11:05:00 AM
From: diddlysquatz  Read Replies (1) | Respond to of 994
 
It's typical volatility. The stock was up 125% yesterday. Today it is down 25% I don't think this is too unusual. A lot of stock was purchased under $1.00 and I am sure there is a lot of profit taking. The downtrend has been broken and it is now trending up. I'm sure it won't be straight up.



To: DanielleC who wrote (885)12/2/1999 11:23:00 AM
From: Wskymn99  Read Replies (1) | Respond to of 994
 
"should have gone over much better than it has" ?? 125% gain in one day isn't good enough for you?

Profit taking now, it'll settle and start moving north again.



To: DanielleC who wrote (885)12/2/1999 1:12:00 PM
From: JTimms  Respond to of 994
 
You must be short on MDTV or your expectations on this stock are overly optimistic based on news alone. Profit takers will be again buyers as MDTV moves forward.