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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Fortune who wrote (155)8/18/1998 12:45:00 PM
From: EubieV  Read Replies (1) | Respond to of 383
 
Watching the stock for pattern. I review their chart on SSNN.
It seems that there is a bit of a pattern that tends to repeat itself. Example:
June 10 @ .90
June 25 @ 2.00
June 30 @ 2.75
July 10 @ 1.25
July 25 @ 2.75
Aug 5 @ 2.00
Aug 17 @ 1.40

These are all approximates, but this stock bounces. When they bring it down, it's not based on anything to do with the company and then they bring it back up. Trading back and forth IMO. Remember there hasn't been much publicity or promotion of this company. Most investors in it HOLD. The MM have little stock to play with.

SO, you can look at the dips in any of three ways:
1. YIKES! I'm outta here, it's dropping!
2. Buying opportunity, thanks Mr. MM
3. Shoot! Can't buy anymore, but this is entertaining and I hope the dip will allow for some new investors to get in.

I expect things to be a bit quiet around here for the next few days or so. Investors seem to go where the loudest noise is. That's OK, the investors that are already here will hopefully still be here when the volume get turned up!!

:-)