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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Olav who wrote (43072)12/10/1999 12:38:00 PM
From: GraniaO  Respond to of 108040
 
I'm not in, so it will run you can bet the farm on it :-)



To: Olav who wrote (43072)12/10/1999 12:45:00 PM
From: stan s.  Read Replies (3) | Respond to of 108040
 
MTMC, hi Olav, I'm not in it but it caught my interest. That volume spike was 2nd only to the volume on the initial surge this morning. So either someone on another board pushed it etc. or someone really wanted in.....the only thing to do now is watch for a possible follow-up move on volume...or news. Dipping now on crummy volume.

Best with it.

Stan



To: Olav who wrote (43072)12/10/1999 1:16:00 PM
From: al  Read Replies (1) | Respond to of 108040
 
re MTMC this was a news play if you are new to daytrading you have to know how to play news plays and have to be equipped to play fast ones...
brokers like e*trade and others that fill your orders slowly are not too good for these plays
when you were buying it on the 9-10 range those who were faster than you and got it first were selling it to you
so you are left in the cold at the top of the range
i don't see much of a chance for it to go back to 10 or so range unless someone else with big following "discovers "
it and makes a call
you can take a chance at holding it longer term and HOPE it goes back up
good luck
and know what you are doing before you consider daytrading
or you will give your money to those who really know