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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: TWICK who wrote (20904)12/30/1998 4:34:00 PM
From: Bogeey  Read Replies (1) | Respond to of 120523
 
GEND sold 2000 at 16 1/4 at open today (in at 7), then I bought a 1000 at the close today. This stock was MM'd to death today and if you look at the closing price, it is only 1 dollar above the intraday high of 3 days ago. IMHO this stock will gap tomorrow, and run to the mid teens and settle in the low teens for the day. The market environment worked against this stock today. The other thing to consider is that they have not released any revenue reports for the holiday season yet, and this I presume will come out sometime soon. At around 9 this is a great hold for me I think.