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Gold/Mining/Energy : Datamirror (DMCX) (T.DMC) -- Ignore unavailable to you. Want to Upgrade?


To: Spiney who wrote (366)2/18/2000 2:38:00 AM
From: JayPC  Respond to of 603
 
Watching the bid ask on an intra day basis can be a little scary. You get an ask at 18.50 and a bid at 17.10. The bad thing about that is, a huge tech selloff can take us lower quickly. The good thing is positive news can blow through the asks very quickly

near term and long term, I think you are correct on your bullishness.

Regards
Jay



To: Spiney who wrote (366)2/18/2000 9:47:00 AM
From: Famularo  Read Replies (1) | Respond to of 603
 
DataMirror will continue to get stronger. However, one reason I urge all to be cautious is the lack of support it maintains. On a tech selloff/correction, it could temporary come down and create margin calls, brining it down further. Point being, take some profits off the table when you feel it has hit a temporary wall. Right now, I think she will float for a few days. IMO, it will go lower before it goes higher to new highs. $15.00 is probably a nice entry point.
Just my two cents worth.

regards
Frank