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To: PistolPete who wrote (2111)7/19/1998 11:30:00 PM
From: Jim Johnson  Respond to of 4230
 
Folks, I'm going to be on the road traveling most of this week, so I'm gonna miss most of the action....but I wasn't thinking of selling anyway. I just hate to miss what appears to be an upcoming week of huge grins!

Jim J



To: PistolPete who wrote (2111)7/20/1998 12:42:00 AM
From: PistolPete  Read Replies (1) | Respond to of 4230
 
This is copied from Cardshark's prognosis for the opening tomorrow and the week ahead...


Message 9476 of 9479
"I think the odds favor a $3+ opening, A run towards $4...some testing back and fourth and a close towards $4 all on a lot less volume than most might think. If this happens, I suspect a close for the week in the $5.50 plus area. All it will take, in my opinion for the action I
see for tomorrow, is four 4 or 5 MM's to have Pre-opening orders with at least a 3 1/16 limit shown to them at least 15 minutes before the opening. These orders don't have to total more than 30 or 40 thousand shares.

Forty thousand shares sent in before the opening will do as much damage as ten times that much will do if the orders go in after the opening.

There are several heavyweight players that I am aware of that have seen this situation many times before, as I have that want to see if the Shark-o-philes are for real. This type of opening will bring buyers in from everywhere.

The math is simple. If I can improve my whole position by a minimum of 20% by increasing my shares by 5% at a limit above $3, then it seems silly not to do it.

I suspect the low estimates are only because most here are "battle weary". Rest assured, The adversaries are no longer in the tank, they are laid out in the field. I suggest, they be run over.

If you want to be in Cancun by labor day? Carpe Diem "

Batters Up!!!!