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Technology Stocks : XYBR - Xybernaut -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (1217)7/15/1998 5:36:00 PM
From: Jonas_Zurcher  Respond to of 6847
 
IMO this would be the worst possible time to be trading around to average down, to short, or to even out. Way back when this stock was under $1.5 and news was coming in spurts, the grass roots interest in this issue fueled huge increases. Then there would be a period of malaise with falling prices, classic pull-back action, then another announcement would shove the stock up in a rush. During that period there were opportunities to see the stock double, double again, and double again. At one point it was more than a 10 bagger, though I don't believe many longs sold much even then.

This is the time to hold on to what you have, IMO, and to get a few more shares off these folks who are willing to sell cheap. There could be a window of movement that we have just entered that will span two to three weeks as before. Best not to get nervous.