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


To: StocksDATsoar who wrote (75938)1/4/2001 12:14:13 AM
From: Jim Bishop  Respond to of 150070
 
ACEN :-) I'm really having fun with this one.

Some people don't agree with flipping them, but that's what's worked well for me in the past, and ACEN is just so predictable the last while that I can't help it.

Buy at .09 - .105 sell at .125 - ???, depending on the volume and volatility.

With the potential, it may be wise to keep a core position if one wishes, or just be quick to get back in if/when the real breakout comes, or just flip 1/2 to reduce risk/reward down to a very safe level.

There's a very good chance we'll get it on the LIST with impact date the middle of January based on the last couple of news releases.

Could be a good pop if/when Swift acquires AT&T Easylink, then another if/when the ACEN/Swift deal is done.

And in between, as we've seen, lots of opportunities.