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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Mike Sawyer who wrote (29098)	4/24/2002 6:28:23 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

I would agree with that philosophy on a stock going up, like DROOY...As I understand it, tomorrow DROOY announces its earnings....All you long DROOYITES, good luck tomorrow... DRIV...But when a stock has nosedived from 14.81 to 4.40 on anticipation of bad earnings, how much worse can it get when the earnings come out...IMHO, the anticipation is that earnings will gradually get better in the next few quarters..But remember on these drop shoes, when the momentum ceases, I exit, even if it doesn't reach the target area, which is 7.12...