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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?


To: Brad who wrote (1251)5/12/1998 11:11:00 AM
From: crimson  Read Replies (2) | Respond to of 8879
 
It isn't as bad as you might think with GLOW, 1.3 million shares traded today and a 3 cent change...I know it is hard for people to understand at times, but this is quite normal...The minute the stock moves again, it will be greeted with great selling too....it takes a lot of work and continuous press releases to really break out....

A persons heart can't take all the stress, get out if you need too, or sell half your shares and invest in another BB stock and see what happens...

Good luck all....GLOW will be back....




To: Brad who wrote (1251)5/12/1998 5:52:00 PM
From: Tony  Read Replies (1) | Respond to of 8879
 
Thanks for responding Brad!

When you say "disregard the extremes" does that mean you omit parts of the data that seem out of line, or that you use wide time windows to minimize the effect of volatility? GLOW's spike lasted days, and it was real easy for me to trick myself into thinking it was the real run. Is there some way to identify when we're in a spike, or a sustained rally? (w/o paying attention to naysayers that is <g>)

Right now, it seems the a reasonable thing for me to do is find the recent (90-day) lows and expect resistance at integer multiples where people take their 2,3 and 5 baggers, etc. (ie: the most recent lows were between .07 and .08, so there will be or were sells at .14-.16, and .21-.24. Do you have a way to figure where they start buying back in? I haven't found a book yet which teaches price targets (except long term based on PE and fundamentals).

Sorry for all the questions. I'm still learning this stuff.
GO GLOW
-Tony