SI
SI
discoversearch

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.
Microcap & Penny Stocks : NETZ - gets deal with DEC! future 100 bagger? -- Ignore unavailable to you. Want to Upgrade?


To: papa bear who wrote (1615)12/31/1997 5:54:00 PM
From: tahoeman  Respond to of 1702
 
Ron,

Thanks for your comments. I don't have trading information, but looking at the chart of interday trading, it looks like the price firmed up pretty well around $.27; exceptional volume on what would normally be a vacation day for traders; closed at the asking price. None of this information guarantees a move up, but looking at the past charts I agree with your assessment that we should see a technical move up.

I think that many of these BB stocks tend to sink in December and then bounce back to their levels prior to the tax selling season (especially see a rebound in those companies that actually have a product that can generate earnings). If there is manipulation (I want to be PC here) it is usually in line with this seasonal trend that BBs go lower in price.

My guess is that we are moving up due to the end of the selling period, some short covering, and expect to hear more information about the Bellcore deal to be finalized (not sure how long that will take) and maybe see some other news (???? Did management say they were working on SEC filings ???)

Good luck to all. I know I will be buying more!

--TM



To: papa bear who wrote (1615)12/31/1997 6:08:00 PM
From: Theo  Read Replies (1) | Respond to of 1702
 
Ron,

No flames from me regarding TA.:) I used it alot a few years ago to help spot hot prospects. Then I would revert to fundamental research. For me, I found that I was usually to far behind to get the biggest % up trend. I have since changed to doing fundamental researh first, then using TA to see if trends are following. I will admit though that I don't have the time to do in depth analysis with TA. I usually rely on OBV to price using 5, 10, 30, and 90 day moving averages in the "pennies".

I'm always interested in TA input from other posters!!

Theo