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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Pastor who wrote (926)11/6/1997 4:30:00 PM
From: hoffy  Respond to of 4571
 
<<<Someone sold 30k at the bell,>>>>

But the stock didn't drop at all and held up very well with the gains over the last few days. Seems like we increase 8-9% everyday. With strong volume that is a very good sign, even better than a straight up rise up to 2 or so very quick on unfounded news. Usually stocks with a straight up rise tend to fall just a s quick if the news isn't great. This slow rise builds a nice base of investors. On any good news from the company this will definitely rise quickly. I like the nice slow rise better, and I hope by the time the big news comes out we are already in the 3-4 range so it can jump up to the 8-10 range. That's where I'll be looking to take some money off of the table. But of course I will keep some invested just in case it goes crazy and goes to 20 or above.