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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (4914)9/7/2000 1:43:38 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
NSM just reported, and the stock is responding in the normal "sell the news fashion", I am out at $45.75, $3 profits, but much less than I hoped for, i was looking for above $60, I may be back in on retest of the support at $40.

Zeev



To: Zeev Hed who wrote (4914)9/7/2000 1:56:58 PM
From: Robert Faust  Read Replies (1) | Respond to of 30051
 
MVIS is advancing in anticipation of news. The action of the stock does seem to indicate that someone knows (or thinks they know) what it might be. If "it" does not reveal itself soon (next few days) the resulting disappointment should precipitate a quick sell off. If news is leaking, I can say it is not from the MVIS side. Despite my best efforts, I have not been able to uncover even a hint. Just waiting and wondering like everyone else.