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

To: Dayuhan who wrote (5371)	6/19/1998 4:56:00 AM
From: Tom Allinder	Read Replies (1) \| Respond to of 25711

Steven, fundamentals don't matter in most of the daily runups in stock prices. If fact, it's the companies that are languishing in greatest dispair that have a runup. It's all a game. One of the stocks you mentioned, well, the company is based here in my hometown. The stock price ran up something like 400% in two days. Now, I know this company. They absolutely suck. They will always lose money and their debt will grow on par with level of mismangement and lack of leadership/vision. Doesn't matter, a few traders made a buttload of money on the runup. I like fundamentals/products/technology. Also, I won't buy anything that is not under accumulation. Now, these are few and far between. Good luck. Tom

To: Dayuhan who wrote (5371)	6/19/1998 7:36:00 AM
From: Wayne Rumball	Read Replies (1) \| Respond to of 25711

First glance I didn't like ATRE either, but then watched the thing trade. I think the company closed its doors so it is basically an empty shell. Bought some at 0.02 and sold at 0.024 around noon yesterday, which may have been a mistake. Will watch the first few minutes of trading this AM to see if the accumulation continues, may get back in. This is NOT an investment, pure MOMO. For investments, long on TGSK, SNMM, DMW.TO. All 3 have taken a beating lately but are goods buys at present levels and higher JMO