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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (587)12/20/1997 3:43:00 PM
From: David Smith  Read Replies (3) | Respond to of 2377
 
In a previous post, Instock stated:

"You asked about buying a stock before a write up comes out, I have done that before and have admitted to doing it. I am sure my 700 shares really moved a stock! LOL"

1) Did anyone else notice this, and 2) How do others feel about it? In a small float/thinly traded penny stock like those that this thread favors, 700 shares could most definitely move the market and force someone else from this thread to pay a slightly higher price. Do any of the 56 thread veterans have any thoughts about the fact that during the past 6 months or so, others have not only known about the picks before they've been posted (fine), but have BOUGHT those picks before they were posted (probably NOT fine)....thoughts?



To: Sergio H who wrote (587)12/21/1997 10:34:00 AM
From: TripleWitching  Read Replies (1) | Respond to of 2377
 
DEPO

Sergio I too played DEPO for a bounce on Friday. The company was refused by FDA on their drug that is liscened with CHIR. My feeling is that an appeal will take place. Anyway like all other stocks that have been beated up, this stock lost around 70% of value in one day. I feel there should be a bounce. The stock was 13 on Thursday and closed on Friday at 4 1/8. The reason for my bullish opinion is two fold first I can't believe that a company like CHIR would back a company if there wasn't any credence behind their product, and secondly 67% drop in 1 day seems like overkill.

TORO