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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Thornell who wrote (12813)	12/18/1998 5:46:00 PM
From: Michael E. Baldino	Read Replies (1) \| Respond to of 44908

The Three day news rule... Yes I too heard of this...its simply a common sense type of assesment. Not everyone is home watching the stock during the day. Not everyone checks the news everyday and certainly not everyone trades online. So its basically based on that asumption. People becoming aware of this news tonight and over the weekend most likely will have buy orders in for monday morning ( can you say "Gap up"? !!!) I have several portfolios on yahoo of stocks that I just watch for the hell of it...sometimes I notice a nice swing up but notice that the only news that is new is several days old. I think that once the price hits a buck, In my opinion, most of the shorts will be gone. CDNOW and KTEL + the others are all over 10.00 a share and DO NOT have the music card. what...jump off a moving train?? not me pal!!!