Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (10899)	11/20/2003 10:19:20 AM
From: DanZ	Respond to of 11568

It depends on your time horizon. If you are looking to hold for a few months, I feel strongly that this is an excellent place to start buying TOY. If however you are trying to trade it short term, I wouldn't chase it here. The stock could easily pull back to 10.30 to 10.40 again for another test of the base. In fact, I would prefer to see some back and fill testing instead of a V bottom even though I am long. FWIW, I just got a very quick fill on selling 5,000 shares at 10.57 (on the offer) that I bought yesterday at 10.41, so there are definitely more buyers than sellers out there. I tried to buy more today at 10.41 but they moved it up too fast and I didn't get filled. I'm not going to call the sell a Z trade because I am holding more and these are my day trade shares. Maybe someone finally agrees with me! lol