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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: Mohammad Khan who wrote (7938)8/12/1998 11:10:00 AM
From: Mama Bear  Respond to of 10479
 
'Have you noticed the behaviour on FIBRD recently?"

I see. We can conclude from the fact that Osicom continues to put in lower lows and lower highs, and is trading lower than it has in over three years that people are accumulating. I suppose that means that all the stocks that are at or near their highs are under distribution.

It's so easy to blame the "shorters" and the "MMs", and so hard to see reality. I know how you feel, believe it or not. I've been there, done that, and it just doesn't result in portfolio outperformance.

The true fact is that Osicom is in the grip of the series C death spiral. It is typical death spiral financing behavior.

Barb



To: Mohammad Khan who wrote (7938)8/12/1998 12:41:00 PM
From: P.T.Burnem  Respond to of 10479
 
Mohammad,

I have no problem with using FIBRD, or any other penny stock, as a trading vehicle.

My argument is with those who treat FIBRD as an investment.

PTB