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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Cornstock who wrote (732)2/16/1998 10:08:00 PM
From: Sergio H  Respond to of 29382
 
Peg, nice job on TA and FA on PRTL. It looks to me to be more or a TA than an FA situation. The company reported Thurs. night after the bell and had good numbers. Wall Street rewarded the stock with
a nice gain of over 10% with 10 times the avg. vol. This fits right into Doug's 20 gap playbook. It closed under 20 on Thurs. and
openedup over 20 on Fri.

The company is losing money but they have a nice horde of cash to get them by until they become profitable.

Peg, the stock has momentum.

Sergio



To: Cornstock who wrote (732)2/16/1998 10:16:00 PM
From: James Strauss  Read Replies (2) | Respond to of 29382
 
PRTL...

Peg:

PRTL looks good technically... Buying has slowed but volume is up... It needs to close above 23.75 to keep the upward move going...

Jim