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To: James Strauss who wrote (9799)10/8/2001 3:02:17 PM
From: John Madarasz  Respond to of 10081
 
good luck Jim...

I wouldn't touch this thing with a ten foot pole, especially right now. If you're trading for a swing or scalp, congrats, but this is no buy and hold here.

stockcharts.com

Who do you think is really buying a tiny little microcap with no earnings in this economic environment, at $.30-$.50. Pretty soon the volume is going to dry up, and anyone who "backed up the truck" or tried to average down is going to be holding a bag full of you know what...<g>

Best,



To: James Strauss who wrote (9799)12/5/2001 9:24:40 AM
From: Fred Gohlke  Read Replies (1) | Respond to of 10081
 
James, You seem to have a technical bent, so I'll ask you: Does yesterday's action qualify as a one-day reversal? I noticed that the stock sold off quite sharply then recovered and closed near its high on good volume.

I'm not suggesting grabbing at straws here, and I don't need the information in order to make a decision. Whatever will be is going to show itself in a few days, anyway. It's just that the idea crossed my mind, and I wanted to find out if I was actually learning something about this business.

Fred