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To: dealmakr who wrote (117)6/29/1998 9:11:00 PM
From: RCJIII  Read Replies (1) | Respond to of 156
 
Is their any explanation for this recent runup?

RCJIII



To: dealmakr who wrote (117)6/29/1998 10:40:00 PM
From: J.M. Grindle  Read Replies (1) | Respond to of 156
 
I agree with your response to Zeev. If I could garner a 75% return I would bail as well. I have never been one to get greedy intentionally and will usually settle for less than 70% depending on my DD and feelings about a particular stock. I had to buy down my basis to recover from the pump & dump a couple of months ago. I got in on the way up and it was all over in a couple of days. I did like the look of the company however and felt it would be a good one to ride out and buy down on. So far it has paid off and I am at the break even point due to this past weeks activity. I figure the year end numbers to be due out by the middle of July and will probably hold on to see if they look better than anticipated. I did place and overly optimistic sell order with my broker incase something crazy happens again when I'm on the road or out to lunch. I mean we're talking optimistic...with a capital O

It has been fun watching this little puppy steadily trend upward over the past couple of weeks. However, as Zeev suggested, a lack of volume will have an effect on the price and its trend. I do feel that we have managed to get a new basis. I got damn tire of looking at 9/16 .
I look forward to the end of this week to see what the volume does. If it bounces back on Tuesday we may very well see the dollar mark surpassed.

Good luck to you. I know Zeev would love to see us make 100% return on our investments now as well. I can be patient, I like 3-4% daily growth.

Jon