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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?


To: Lucky who wrote (673)4/24/1998 3:13:00 PM
From: Phil Cressman  Respond to of 3458
 
Short! I tried this for a few days since while I like the company it does not yet have SALES!

Bad news for me so I covered and may just wait to buy back my original position if we get back around $7.



To: Lucky who wrote (673)4/24/1998 3:18:00 PM
From: Nathan Hansen  Respond to of 3458
 
hope you are more than just "lucky".



To: Lucky who wrote (673)4/24/1998 7:43:00 PM
From: Mike C2  Respond to of 3458
 
Lucky's cliche: all gaps must be filled
The fact of the matter as I understand it is that breakaway gaps are more often than not... not filled.
Note that the selling pressure today did not close any of Monday's gap open.
I'd be inclined to look at Monday's open as a support level that was tested today and reaffirmed. Profittaking (or shortselling) on Monday could not keep the price down.
There were small opening gaps everyday this week. These were filled today.
If I were a gambler (I'd like to think I'm not) I would bet that TRBDF will not retreat and close the gap at 5.8125.
iqc.com
good luck to the longs :)