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Microcap & Penny Stocks : Cryogenic Solutions Inc. (CYGS) -- Ignore unavailable to you. Want to Upgrade?


To: Striyker who wrote (1798)7/22/1998 3:04:00 PM
From: DR. MEADE  Read Replies (4) | Respond to of 4028
 
After reading your post, Stryker , I have decided to double up on my GTC limit order , buy at .50. Also, instead of close today at 1.15, I think 1.03 is closer. I have never seen so much HYPE in my life !



To: Striyker who wrote (1798)7/22/1998 3:15:00 PM
From: Cavalry  Respond to of 4028
 
Thanks for the post, i admit what first attracted me to this stock
was big dog's urgent postings about this company, news that will get the president's attention, not many bb's will ever do that.
The very first thing i did was go to telescan and run some technical charts on cygs. obviously they were all giving buy signals, cygs was already way up to $2.25. CYGS's stock price had already broken through the top of the bollinger band once and was sitting on top of it a second time. A good entry point on a rising stock i've found is often after a stock breaks the top of the band the first time 2 weeks ago at $2. The second break of the top band was friday and monday between $2.25 and 3.25 on heavy volume a good sign, rarely do stocks stay above the top of the bollinger bands for long, what you are looking for one to ride the top of an upwardly move band as cygs's is.
The breaks above the band are a hint of bigger things to come. As a stocks price begins to drop off highs,short term traders take profits the first test for investor sentiment comes into play, as the price corrects down to it's 20 day moving average either more long term investors enter the market or the price continus to drop. if a stock dips down and bounces back up off it's 20 day moving average this is a very good sign! This happened today on CYGS the key is did new buyers enter today when cygs's price dipped below $1.45.
Cav



To: Striyker who wrote (1798)7/22/1998 3:19:00 PM
From: DOC  Read Replies (2) | Respond to of 4028
 
God there is a voice of reason, but why did you post it against your wishes?

DOC