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Technology Stocks : Smart Modular - diamond in the rough? -- Ignore unavailable to you. Want to Upgrade?


To: MileHigh who wrote (1513)5/30/1998 4:07:00 PM
From: Robert H.  Read Replies (1) | Respond to of 2020
 
I guess it's all relative. Your thinking about CCing to average down. I'm thinking of CCs to average up; as I entered at 13 1/8. Just going to wait for the stock to hit 15+. Don't really think it's going to be a long wait.

As far as the day traders dumping and leaving; I don't see it. They'll always go back to the well. It's the float that makes this a great daytrade. Keeps it volatile. With a small float this baby can move 3 pts easy on any given day.

The tank of last week was a classic move on the weak sisters. Scared money and novices making someone's mortgage pmts.

Good luck to all.