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

To: swisstrader who wrote (47829)	12/19/1999 9:21:00 PM
From: stan s.	Respond to of 108040

Off topic. Hi swisstrader, you know I think you might be giving up a little early on these cheapos. I have not studied any of these posted here but I do play nasdaq under 5 dollar stocks. I don't put them out as plays and I play them with small amounts of money but they can be quite profitable. A quick glance at WKGP shows a pretty normal retracement after that surge. I don't know what the story is on this one but the last week's volume surge was the biggest since '96. There is almost always a story behind these volume moves that causes a surge a retrace some drifting and then often a secondary surge that far eclipses the first surge. It happens time and time again. If you keep the amount of money you play these with at a minimum...and maintain a little patience with a little dd, they can be a good addition. I am not offering a specific opinion on this stock but merely a general observation. I've been playing with baskets of them of late. Good luck. Stan