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


To: Mike E. who wrote (51312)12/27/1999 12:37:00 PM
From: Joe Hoek  Read Replies (1) | Respond to of 108040
 
NTPL - yeah Mike, Kim's target was $12, but that was some time ago and I haven't heard anymore from her about it - I'm not sure if she's in it or not now. Mr. Big put a $15 target on it Wednesday, and with today's move that may not be out of the question. May go through some gyrations, but I think we'll get and stay over $11-12 today if the market doesn't sell off. I may sell some to lock in gains if it jumps again quickly.

Hopefully it'll tick up slowly and not trigger some scalpers to sell - everytime it jumps quick it drops right back, usually on smaller size blocks. If it holds steady for a good period then it moves back up. If it continues to drift down then there's selling later in the day. Just my observations from the past couple of weeks.

The only thing that concerns me with this last spike is the volume from 11 1/2 to 10 3/4 seemed pretty high, but I don't know if there was a lot of selling or a lot of buying under 11 - I wasn't watching closely. If we can hold strong around the $11 for a while I think we're going higher soon.

Good luck

P.S. Your right stan is da man