Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (1810)	7/27/1998 2:36:00 AM
From: mark nowacki	Read Replies (1) \| Respond to of 59879

I live in Austin Tx and I see the same kind of wishful thinking on every internet adventure. People throw money at anything that has internet in its name. In a fat market any pig will fly but when the market as a whole gets overbought as this one is, people like earnings,profits pe ratios you know fundamentals and PSIX doesn't have that they are bleeding profusely, and if the market turns south what will happen to their bond offering, zip. supposedly the offering is overbought but it has to be or it will be removed from offering. PSIX's biggest problems are the shorts who hyped this stock pretending to be in long positions. If PSIX's stock price gradually went up every week that would be fine but this thing shot up on a rumor of a buy-out which isn't supported by any company press release or real news. I watch the market makers on this stock and it looks like a perfect bull trap, weekends are the perfect timing for this activity, everybodys adrenaline is flat and the decision is who will get off the train first, I can feel it everybody is pushing at the door. Remember you can get some orders filled at eight central On the subject of ZAP they still have to prove they understand the internet s wel as their competitors only time will tell. Good Trading