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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (3935)12/29/1999 1:48:00 PM
From: Zeev Hed  Read Replies (4) | Respond to of 7721
 
Carl, that was my plan (I called for a decline into the 12' area, once it broke $16, it got to about $12.75). I think Razor is going to err shorting this on a strong upmove, shorting should be used after a top is established, IMHO, not in guessing whether the high will hold or not. I think the stock might make a marginal new high ($32 to $33) before the next retrenchment to the $25 area or so. Thus, Razor, if you do short around here, use a SL pretty close to the old high.

Good luck.

Zeev