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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: White Shoes who wrote (1482)4/25/1998 6:42:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 4231
 
Cant be to happy about the lack of any
follow through these last couple days.
After spiking nearly up to 1.5, I've
had to watch this thing sag more than
halfway back to my entry point. Nothing
like watching a paper gain of 14 grand
evaporate to sober you up--and start one
thinking about a small cap mutual fund
instead of trading in a brokerage acct.

So 20/20 hindsite, should have sold,
but then who watches the charts all
day? It wasn't up near 1.5 for very
long--just those rapid fire trades
near the end of the day a few days ago.
Maybe to trade these little guys
you need a beeper, he he--or even
better, don't trade them, there is
always somebody out there who knows
more than you do, and with something
as thinly traded as this you can
really get eaten alive.

Good news means nothing with these,
I bought another stock I follow the
day they had some good news--and I've
watched that thing sag from 2.5 to 2
since the news came out.

Anyway, I wouldn't get too carried
away with the performance in the last
couple of hours of trading Friday,
some of that was me locking in those
much-reduced gains to even out with
losses in some other things I have.

Now that I've reduced the number
of shares I've got, watch it take off.



To: White Shoes who wrote (1482)4/26/1998 10:19:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 4231
 
>>The market action would seem to suggest that
>>this company is financially tenuous even with
>>the new venture.

...surely you are not suggesting EMH holds for [microcaps] in general and companies like SoftQuad specifically...that simply is a given, by definition, and has to be a presupposition going in to a newly-minted microcap ecosystem like the Silicon Investor [at this stage of the game]...however, this will change in the near/intermediate?-future pursuant to the very existence of the Internet, in general, and viz a viz, the Silicon Investor, specifically (for now?)...