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Microcap & Penny Stocks : GW GREY WOLF -- Ignore unavailable to you. Want to Upgrade?

To: muleskinner who wrote (106)	12/21/1997 4:57:00 AM
From: Dragon 1	Read Replies (3) \| Respond to of 444

New to this thread but been lurking. Got in GW big time on 15th at 5 1/2 (believe the lowest of the day to enter) and exited teh next day (all position) at 6 3/16. Got back in again on Friday at 5 3/8 but missed 5 1/8. The reason that prompted me to jump in is the increasing volume and force behind it to push the stock from its day's low (it ended on Fri. at 5 7/16). I am seeing upward movement on Mon since most people have already done their tax-loss selling and the general sentiment of this sector is very contrarian (which is a postive sign). One thing I figure to be important is the range of teh stock movement: it may move higher but may not move above 6-6 1/4 until big money comes in, ie, in January. Before that, I will be cautious and ready to take profit within that range. JMHO.