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Technology Stocks : The Panda Project (PNDA) -- Ignore unavailable to you. Want to Upgrade?

To: Rubber Man who wrote (836)2/6/1998 2:41:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 1521
 
Crappy stocks tend to be traded by three groups: hard core shorts who hold, pie-in-the-sky longs who believe in the dream and day traders. Any day trader who can make 1/2 has hit a gold mine. Usually they play for 1/8 or 1/4.

Any stock around $5 will be played for every fraction. I'm sitting on PNDA until it dies.

This is a reality check play. I can't trade quickly enough on E*Trade to do the day trading thing.


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