SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Al Collard who wrote (1803)4/12/2001 7:23:36 PM
From: Al Collard  Read Replies (2) | Respond to of 11802
 
The Stock-Picking Challenge Picks for Week #12 so far.

LATEST
ENTRY CASH
ENTRANT STOCK #SHARES PRICE VALUE


1st.mate PVF-v 40,000 @$ .25 $
Al Collard MGI-t 5,128 @$1.95 $
Alex WT-t 14,084 @$ .71 $
brian krause HAO-v 47,619 @$ .21 $
Condor CVV-v 27,777 @$ .36 $
hx4 WEB-v 76,923 @$ .13 $
marcos IDO-v 7,352 @$1.36 $
Peter Siegel ELI-t 13,157 @$ .76 $
Stew FRL-v 22,222 @$ .45 $



To: Al Collard who wrote (1803)4/12/2001 9:20:03 PM
From: Al Collard  Respond to of 11802
 
I'm in MGI-t @$1.95 for 5,128 shares.

Chart for MGI Software Corp.(MGI-t):

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

After a long period of straight down we can see this stock is currently in a consolidation phase awaiting it's next directional move. An ADX reading of 42.8 could be a signal for a trend reversal as the stock does appear to be oversold. IMHO this stock is heavily shorted and picked it on the expected short covering rally in the near term.

regards,
Al