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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (12006)12/3/1999 9:06:00 PM
From: JACK R. SMITH JR.  Read Replies (1) | Respond to of 59879
 
Trader,

My thought is that your buy on PDG is a good longer term hold. It showed up on my scans a day or two ago. Looks line good support around just below 10 and do not forget your old highly leveraged favorite here, DROOY! Gold Newsletter had an issue featuring DROOY.
October issue.

Do not feel bad about your gold position. Buy cheap here and set your stops and hold for a period. My thought is that we will see a rally in 2000 that will make your investment worthwhile. The leverage in PDG is not nearly as great as DROOY, but still a widely followed and very good stock, and should do very well!!

How about that run at resistance today!! Closed right at the resistance level, and did I say we would have some volatility here? We are talking of the S&P 500 here, and perhaps I should use the cash basis when I talk here, but did we hit resistance?

Lets see if we close clearly above that level next week?

Regards to you and all here,

Jack!



To: TATRADER who wrote (12006)12/4/1999 3:34:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 59879
 
Mark, what do you see in your crystal ball for WSRI? Reverse merger that's moving. The principals are restricted from selling for 90 days, very small float IMO, maybe only 100k shares.



To: TATRADER who wrote (12006)12/4/1999 6:25:00 PM
From: Mike Sawyer  Read Replies (1) | Respond to of 59879
 
Mark, I've been going through the time and sales over the last week in CSRE and the MM's are just not finding much stock for sale. The bid volume under 4 1/2 is very small and almost nothing under 4 3/8. I think they are about ready to give up.

I went through the CSRE 10Q for last quarter and I see that they have over $26 million in cash with only 9.6 million shares of stock outstanding. That's almost $3 cash! Their revenues are down for the year but they still did 53 million. I think CSRE could be a real mover very soon...the deal with Microsoft has to be figured into the projections for next year. Things seem to be getting very positive for this company right now.

SBAS, VRTL and now CSRE about to go...what a fun week ahead!

Cheers!