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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Paullie who wrote (31737)8/10/2000 1:52:06 PM
From: Rick Buskey  Read Replies (1) | Respond to of 57584
 
LPTH---we all still believe in the Big pcture------This will be a triple digit stock sometime--whether through Buyout or another reason-------do not want to hype the stock,but I thought their earn. report was allright.........I guess the Market will decide.Hard to tell on a down day in the Nasdaq.Fell to 30.5---but could have been shortcovering,because it jumped right back to 33 a few min. later.............Just my opinion,any comments from anyone else?



To: Paullie who wrote (31737)8/10/2000 2:32:04 PM
From: DlphcOracl  Read Replies (3) | Respond to of 57584
 
Paullie: LPTH is too volatile to trade in-and-out-of. I've learned to ignore the wild swings in this stock and just hold it for the LT. I WILL wait until it is on a downswing before adding to my positions, however. For the same reason, tight STOPS are useless here -- you will STOP out during a MM shake, only to see it bounce back uo 3-4 points 10-15 minutes later.


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