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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (5907)1/11/1999 9:14:00 AM
From: Dave Shares  Read Replies (2) | Respond to of 43080
 
AKLM

To the longs in this stock, you are to be congratulated. The earnings will probably be very good. I have watched AKLM through the last two earnings reports, and I have seen a gap up, followed by a big time selloff on the good news. Please bear this in mind.

p.s. to all - always be careful with stops on volatile stocks. If your stop triggers when the stock is RELATIVELY stable, you will be OK, if your stop triggers when the stock is falling like a rock, you could get filled at a very low price. The selloff in ONSL on 11/30 had some (thankfully not me) getting stops at 95 filled at 50-60. I guess my point is, if you are trading a volatile stock, use Sue's bedpan method and get out before the exit doors are jammed.

David



To: LastShadow who wrote (5907)1/11/1999 9:15:00 AM
From: John J H Kim  Read Replies (1) | Respond to of 43080
 
Keep an eye on ZOMX. Got a nice write-up by Greenberg on TheStreet.
Already has 50K traded and counting.
Average daily volume is about 200k, only 5M float.



To: LastShadow who wrote (5907)1/11/1999 10:14:00 AM
From: Copeland  Respond to of 43080
 
Definitely looks like Tuesday and Wednesday will be entertaining days for the NASD. Time to make some popcorn.