SI
SI
discoversearch

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.
Microcap & Penny Stocks : Compact Connection (TSIG) - The next CDNW? -- Ignore unavailable to you. Want to Upgrade?


To: Zbyte who wrote (1481)8/11/1998 6:16:00 PM
From: MskiHntr  Respond to of 1574
 
Jeff, We first have to take out 38 cents.

In the last twelve trading days 38 cents was the intraday high on six days.

Then we have to take out 41 cents on a closing basis as that is the high close going back to the last of May. Then...55 cents.

A close over 55 cents IMHO and we are off to the races. Ideally the breakouts should be accompanied with high volume.

As you say, though, patience is the byword.

I thought today's activity was very constructive. Steady throughout the day, some selling when the HomeMed release was posted by the DJ News Service and then a nice, final flourish with some small block activity at the close.

Best,