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Technology Stocks : American Mobile Satellite (skyc) -- Ignore unavailable to you. Want to Upgrade?


To: 45bday who wrote (214)5/14/1998 10:14:00 AM
From: VALUESPEC  Read Replies (2) | Respond to of 400
 
Solution, thanks for your kind words ! I spend a lot of time researching, and following those stocks that interest me. I find that after following certain stocks for a while, you can tell when they are acting different (technicial analysis of sorts). Often, if unusual buying comes in, it is a good time to buy. SKYC from yesterday is a good example. SKYC rarely trades over 150,000 shares in one day. Also, recently there were a lot of sells, but the price was only going down so-so. Then, yesterday, a lot of buys came in, and I thought "wow, this might pop with all this volume. Also, maybe news is coming".

I might also add that I learned a lot by buying a number of hype small caps a few years ago. After getting burned in numerous stocks, I learned what to look out for. Fortunately, with the exception of JBOH a number of years ago, I have been pretty quick to sell a strange acting stock.

Regarding CD, that is just a good company worth putting a lot of money into. So far it has worked out for me, but who knows what tomorrow holds?

I'm now near my record high since Jan1, 1998 :o)

CD: $ 24.50b $ 24.56a
SKYC: $ 11.00b $ 11.25a vol so far 51,600 10:05am