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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: ED_L who wrote (21758)12/4/1998 6:59:00 PM
From: Captain Ed  Respond to of 50167
 
INPR came up on my "radar screen" earlier in the week, or maybe it was last week. It could be interesting. I don't know what is happening, but those are definitely indications that something may be up.

So many plays...so little money!! Wouldn't it be nice to just buy a few K of each of the suspicious movers that we see, and then sell them when they pop?!? I will be watching INPR next week, along with PR, which I think is ripe for a big move, due to options activity and inside buying, and knowing the technical area that they are involved with intimately. I also like CTII and ENMD as holds for future pops, although I don't currently hold them. (I have to admit that it feels real good these days to be basically all cash at the end of any given day, although I do have some out-of-the-money on some options and one or two stocks for eventual pops.

I think next week will be an interesting week. The market has been somewhat decimated in the last week (at least the internet stocks), but I think they will come back strongly in the next week or so. Look at MALL, it got totally destroyed today!!! It should have been over 40, unless UBID is going to less than $32/share. In view of what has happened with EBAY, I just don't see that happening.

There will be a bunch of internet IPO's next week, and I think some of the higher quality stocks like UBID (AKA MALL) will do well. I also think that good things will be happening with CELG, CHKPF, and ENTU in the next few days. CELG has had "suspicious" movements over the last few days, and there has been good news and movements by CHKPF and ENTU recently. I have to laugh at how well GLCCF has held up, after I called it as moving a couple of days ago and it became the play of the day, that made me, and a bunch of other people on this thread a lot of money earlier in the week. It is a totally worthless company, with all sorts of questions related to its future, but it moved up sharply, I caught it, and CNBC announced it; we all made a bundle...but it is still way up there compared to companies that have real good stuff going for them, in the long term, like MALL and UBID, and perhaps CELG, CHKPF, ENTU and hundreds of others.

Have fun,
Ed