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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: ColleenB who wrote (470)10/31/1998 7:17:00 PM
From: Jim B  Read Replies (1) | Respond to of 11130
 
hmm.. I like that last line...

well, it's more of just me being interested in what happens.. I've seen penny stocks CLAIMED to have a buyout offer on the table.. and yet the stock still trades 1/10th of what the buyout claimed... why?? probably cuz it was a scam just put out to try and entice people to buy...

I don't know what'll happen to PRG.. but it's safe to say that for those in around 50cents or even 60cents.. they'll do fine.. those getting in monday.. who knows... the $3.00 could be legit and everyone under $3.00 share average will win... it could be something that takes weeks and weeks to go through and meantime the stock goes back down.. or the whole thing could be false..

thanks for the comments... suppose I'll follow the story but won't invest into it.. I'll stick with BNEZ.. something solid and something I've followed since march.. usually when I chase a moving stock and DONT do much to any DD I lose out..
take care and thanks again

jim