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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (39758)5/21/2002 1:23:06 PM
From: Susan Saline  Read Replies (2) | Respond to of 53068
 
>>> It's too risky then??????

well .... I suppose ... cause some fundies rule of selling is at a set price ... isn't it 10 dollar stocks ... then 5 dollar stocks go next?

that just causes more selling presure ... thus 5 dollar stocks are very risky with heading towards a dollar ... u see it happen time and time again



To: BWAC who wrote (39758)5/21/2002 3:45:57 PM
From: E.J. Neitz Jr  Respond to of 53068
 
BWAC--just use the market to your advantage. I remember computer associates in 1991 dying at $4+/shr...next few years went into $40's. LSI in 1991 around $5.50...that went to $30+ in a few years......but when they were "gasping for relief" below $5...everyone was afraid to buy...the talk was they were about to go under......no one wanted them.....and that lasted for quite a while. Irrational exuberance can just as easily become irrational doom and gloom.


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