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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: Alejandro who wrote (9515)12/9/1998 8:10:00 AM
From: gabor boda  Respond to of 12468
 
Like a lot of the other folks on this line, I too am a little tired. Yesterdays action was nice but the volume was much too low to implicate short "covering". Until that starts to occur, this stock can take a major dive.
Whatever the motivation for this recent 20% move, "they" are not convinced and until that convincing takes place, a downturn is probable. Obviously just my opinion.



To: Alejandro who wrote (9515)12/9/1998 8:18:00 AM
From: wrm1  Read Replies (2) | Respond to of 12468
 
Interesting post! A few weeks ago I posted something similar to the hold til death, and then sold @ 29 7/8, repurchased at 26 1/2and still holding, but am looking to sell going into the report. My guess is their will be a big runup prior to ( may have happened ) and then a dip with another up prior to the meeting.

What I was really getting at is this is a GREAT log term hold, and a GREAT trading stock. Manipulated, probably ( which stock isn't ). It's just that some seem suicidal at times when this great opportunity exists. Not may stocks rise and fall like WCII with semi-predictability.
wrm1