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Technology Stocks : DigitalThink (DTHK) -- Ignore unavailable to you. Want to Upgrade?


To: James W. Bradsh who wrote (12)2/19/2003 11:00:42 PM
From: MJ  Read Replies (1) | Respond to of 15
 
James

I added about 500 shares on the basis of a technical market letter last fall.

The technical pattern looks increasingly good now----if it breaks through this level the stock should be good for a shortterm spike up.

However, if I switch to the fundamental side of my thinking I have to ask about the insider buying-----it has been significant and leaves a very small public float.

If the insiders want all of the company----then I would not see a sustained rise in price as they will want to continue buying at these low levels.

If they are buying in anticipation of a sustained rise in price in the open market----then they and we will both share in the price increase.

Quite frankly I haven't a clue as to what the insiders want for the company. I simply have to hang with the technical.

See IDC, a board I started. IDC methodically went from $2.00 to where it is today at around $13.00. IDC has a small public float also.

If one can pick the right $2.00 stock then you will get significant gains. Is DTHK one???

mj