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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (1565)5/1/1998 5:20:00 PM
From: hoffy  Respond to of 25711
 
GLCP traded almost 2 million shares in the last 10 minutes. This stock hasn't lost any interest and will continue to rock next week. A lot of people do their DD over the weekend and when the see the potential of this stock they will want to jump in on Monday.
This stock has had some nice gains but the really big run will probably occur this week and next as the news of the contracts are announced along with the FCC approval.
They have millions of dollars of orders ready to go and many more to come. They could do in the hundreds of millions of sales very fast. Not bad for a company selling at 1/4.



To: Bucky Katt who wrote (1565)5/1/1998 5:27:00 PM
From: TARIQ STOCKS  Read Replies (1) | Respond to of 25711
 
This means that a lot of companies will do what they can to stay NASDAQ which includes:
1- Reverse split----Mainly when the float is large.
2- Stock buy back----profitable companies with cash.
3- More releases---- companies with big changes and new contracts.
4- Find investors---- like fund manegers and so forth.

2,3, and 4 are great, we just need to find these companies.

These companies are hiring consultants to deal with the issue, and they should cause activity in these stocks to increase. Also, most of these stocks are pledged with shorters whom if they decide to cover will raise the stock price.



To: Bucky Katt who wrote (1565)5/1/1998 5:31:00 PM
From: Joe Copia  Read Replies (2) | Respond to of 25711
 
I would sure like to see a list of the companies in danger.

Joe PTG&LI !!!



To: Bucky Katt who wrote (1565)5/1/1998 5:33:00 PM
From: Joe Copia  Respond to of 25711
 
here is the email on USDI.

Basically, the USDI "story" consists of what may or may not prove to be rumor--we alerted folks to the fact that we had heard a group was going to be buying in to USDI, and they did--and broght the stock price from 1 to 2+. When teh stock sat there real solid, we assumed from the trading patterns that USDI was doing some financing at somewhat higher levels, and the price was getting support at the 2 area.
Now, what we have heard, from a few sources--COMPLETELY UNVERIFIED by the company-- is that USDI is fiancing to pay for a substantial acquisition. What our sources tell us is that the purchase -- IF there is one--would be such that the Street might value the stock anywahere from 5 to 10, and even 20, by year end.
Naturally, this is rumor, and should be treated as such. USDI has not verified this at all. We have no idea whether it's true or not. None.
The stock sure is running, though<g>.
That, really, is all we know, other than that USDI, even without a
further acquisition, seems to us an interesting emerging company in the communications industry. It is not a Waaco Kid pick--CapMark covers USDI news on StreetSignals, where it covers news regarding companies which presents at the IRI forums. We also provide that column each day to the Kid's Forum, so some people get interested in the companies.
Anyway, we'll put you on for some freebies on us for a few weeks, so you can see if you like the material, before we ask for the modest subscription fees.
Sound okay? That offer, by the way, is open to anyone--so if you have friends or associates who would like the same trials, by all means, refer them. Plus, as a member of the Forum, you are welcome to contribute stock ideas, obbservations etc.,--just like you might on SI, only we keep the dialog in email, for the time being.

Joe PTG&LI !!!

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