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Non-Tech : Virgin Express (VIRGY) Richard Branson's European Airline -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (5)9/23/1998 5:09:00 PM
From: Harry Ehrlich  Read Replies (1) | Respond to of 62
 
Looks good for bottom fishing here

Yes, at the $5 - $6 range, I agree. But the Barrons article prompted a major pop to about 10. Today (9/23) with the market up 256, VIRGY was down about 1/16. Perhaps they ran out of steam.

I like the stock, but went short in anticipation of a retest of the recent low. I plan to hold a tight stop if I am wrong. If there is a retest, I will flip long at the double bottom.

Any insights would be appreciated.

Harry


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