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Microcap & Penny Stocks : Ames Department Stores (AMES) -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (1689)8/28/2000 11:48:37 AM
From: Texas77  Read Replies (1) | Respond to of 1911
 
I don't know if insider trader is accurate or not. If it is - it looks good.

insidertrader.com



To: Yogizuna who wrote (1689)8/28/2000 1:31:28 PM
From: Arthur Tang  Read Replies (1) | Respond to of 1911
 
Dave, a local banker used to tell me about a store in town. He said every day they open the door, they were taking a risk. Insider usually is the last one to know, who will come in the door. HongKong store keepers will try everything to get the first sale in the morning. Cash is king.

Yogi, I must learn your system. My system is to draw a line joining the two bottom points. Then draw a parallel line touching the one top point only. If you draw a line in the middle; that is the $5.00 line. This line could go on for weeks on end, because ECN Island (Datek) has no listing for that price. Breakout will happen when some market makers bought back too much(customers oversold). Breakdown will happen when small investors and insiders overbought. Which is the case probably now?