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


To: majormember who wrote (13672)1/27/2000 8:07:00 PM
From: Mike Sawyer  Read Replies (1) | Respond to of 59879
 
Is this the beginning??? I would say that it is the beginning of a long bull run with this stock...but I would also say that it needs to take a breather. BUT that does not mean that it won't run like the wind and leave my thoughts of retracement behind.

This news was completely a surprise. The CEO knows how bad this company was in the past and how they pumped and dumped. This guy does just the opposite. He does his job and then tells everything in a press release. He does not tell secrets or leak information. And because of that it keeps everybody on their toes with this stock.

Because I did not have any idea we had more news coming this quick, I sold my trading shares at 44 cents this AM. Within minutes the news came out. I could have bought back but the stock did not start running and made me think that this may have already been built in. But the end of the day proved me wrong. I tried to buy again later when it was showing it's strength but I missed it. I was not going to chase it.

So now I sit waiting for a pull back so that I can reenter my trading shares again. This morning I was looking for a pullback to .37 cents. Now I think that we might not get a pullback below .43 cents. Hey, I'll take it. This stock has shown me that we could be looking at a massive bull run. I'm going to make a few bucks when it does.

Cheers!

PS - I do still have some WTHL shares from the old TWTI days that are at a loss...but they are moving fast towards profitablilty. How good it feels!