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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: scoobypax who wrote (50242)6/7/2000 6:16:00 PM
From: stu fabian  Respond to of 150070
 
"I did manage to pick up some CHIP at $.057..
Did I screw up?"

Buying and selling is a very personal thing. Once you decide to buy or sell, it is up to you to live with it. This thread happens to be unique in that the participants do work together to help each other. Those that come here to hype or pump don't last long. The bottom line is when it comes to your $$$ the info you get here is the best around, but the ultimate decision of what to do with it is always up to you. The longer you are here the more you will learn.

Stu



To: scoobypax who wrote (50242)6/7/2000 6:35:00 PM
From: Jim Bishop  Respond to of 150070
 
<Did I screw up?>

Just remember, when stocks are running hard, with a ton of volume coming in, they will ALWAYS pull back at some point or "shake", and then with luck after the MM's shake out some shares by making the stock look weak and pushing the price down, they will let it go again.

IMO the strongest ones are those when the low on each shake is higher than the previous...those times you can usually be pretty sure the stock will run into the close, with a good chance of "gapping" in the morning, ie open higher than the previous close...that's ideal... on a good day.

A real hot one might do that numerous times in a day, and the quick will play the bounces multiple times.