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.

Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?

To: TheInvestor who wrote (534)	12/17/1997 1:32:00 PM
From: Amigo Mike	Read Replies (2) \| Respond to of 3351

Hi Ben, I'm sitting here reading your posts about the price decline and frankly I am amazed. Cary did nothing except set the record straight. He may have been a little rough on you for your enthusiasm ..... but your anger is very much misplaced. This is the STOCK MARKET. Stocks go up ... and they go down. You apparently don't realize that a stock doesn't go up every day. While I do realize that MMs read these boards, stocks with the right story will rise beyond MM games due to market pressures. If you were paying attention to the targets, timeframes and trendline analysis of this stock, you would realize that this is not a daytrading type stock. Resistance area was around 7 3/16 which the stock touched briefly. You appear to be investing for less than 5 days at a time. APCO is not going to run to $9 this week or even by year end. Look beyond the daily activity towards late January, early February. As Jim said, anytime APCO drops below $7, it is a gift from the MMs to accumulate more shares. I suspect that I am not the only one to buy on this dip (notice increase in trading on each dip). Isn't a $2.50 move (30% gain in 6 weeks)in the stock by late January a good enough return for you ??? If not, this isn't a stock for you. Ben, you are a good guy and I know your intentions are genuine .... but come on man !! By the way, if I interpret that chart properly, if APCO maintains its current diminishing wave swings, we will reach a pressure point in the chart in about a week and a half. Doug and Jim are better at pinpointing the dates ... how about it guys ?? Am I seeing it right ? My guess is an upside breakout similiar to the last one from around 6 7/8 to 7. Mike

To: TheInvestor who wrote (534)	12/17/1997 4:59:00 PM
From: Terry Backlund	Read Replies (3) \| Respond to of 3351

Ben, Not to dig up what is now an old story, but your bio says aggressive style with plenty experince. Hmmmm? As far as volume between 10am and 11am. You could attribute 68,000 of it to me and a friend. Now don't get me wrong I beleive in APCO as much as any of you, but when I see RADAF at 17 I bet the farm and then some. I'm sorry if we helped pull it from 7 1/8 down to 6 3/4 but with your investing style and experience I'm sure you've seen that plenty of times. And yes Cary should have E-mailed you I agree. RADAF to all and all a good night, Terry P.S. I'll be back in Jan. to push it up 3/8 for you, hows that sound?