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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (35495)12/12/2001 3:28:51 PM
From: dlu  Read Replies (1) | Respond to of 69233
 
xcr, re SIMG..

I have followed this one off and on for a few years.

They developed 'Panellink' and have an excellent client base.

SIMG has had a lot of resistance in the 5 area. I owned a lot into the split <2/1 on 8/21/2000> and sold it shortly after <thank God>. It has been very depressed for a long time.

The problems with GNSS have been ongoing as far as I remember. I really liked this company and have bought and sold it a few times since it's retreat into the sub 5 area for some short term trades.

Since it has advanced to the 4-5 area again off recent lows of about a dollar, I'd be real careful with this one. I find it tempting but having watched it trade for a few years I'm hesitant at this price. On a retreat I might buy some.... or, if it can conquer 5 with advancing volume I'd be more interested.

I stopped streaming it for a while or I'd have prolly bought some between 1-2. If it ever gets there again I'll buy a million shares <g>.

FWIW I think the CEO David Lee is brilliant and the driving force behind this company.

Check out the company website and read about Panellink... also look at their client base.

dlu