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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sandra who wrote (6397)	6/24/1998 8:58:00 PM
From: ChrisJP	Read Replies (2) \| Respond to of 29382

Hi Sandra, I sold my IFLY this morning BEFORE the run. Usually a TMEX pump'n'dump has a gap up or at least good buying in the morning. When it didn't happen and the bid hit 7 1/2, I bailed. I guess people are getting wiser to his tactics. The runup on the news lasted all of about 30 minutes ! I can't always trade inside that small a window so I've learned not to play those kinds of situations. Especially when guys like TMEX loadup in the 6's, say the stock could go to 11 and sell when it reaches 8. I gotta admit, someone is leaking him some great stuff, because he right too often. The problem is trying to outguess him when he's involved in a stock you own. Maybe with IFLY there will be dumping in reaction to the non-news and that will create a buying op. I was one of the crazy ones who bought RNTK in the low 2's and sold in the low 3's. Started buying back a little too early, I own a bunch with an average price of 2 1/8. Wish me luck ... At the risk of hyping RNTK, if you guys have some mad money, you should consider buying a few shares. Think of it as a roulette wheel that might take 1,2, ? months before it stops spinning. Regards, Chris