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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?


To: MskiHntr who wrote (3982)1/16/1999 3:50:00 PM
From: amadeus  Read Replies (2) | Respond to of 6545
 
thanks mski

one thing to consider
beyond the fundamentals of WINR individually,
is whats happening in the sector..
especially just in the last week or two..

not sure I would call a move to 2&5/8 a 'breakout' as of yet..
we've seen several recent 'breakouts' in the sector
many just in the last week or two

SNMM has made a run from around 1 something to 6
GLCCF has made a run from around 8 to 16
BETT made a run from about .2 to .98
SBET made a run from .31 to 2&3/8
GGNC from about 2 to 5
GLOW from .25 to .82
on and on
the sector has been really hot

all while WINR has rested and been consolidating around 2.

seems like there is a lot of new capital out there,
interested in this sector right now,
pushing many of these to new highs

so with what's happening in the sector, I'm not at all surprised to see WINR building up from its resting place of 2..toward 3 at the moment.
I would doubt the resistance at 3 would be anything like
it was in the run from 1 to 3 in Dec...since so much consolidation
has happened around 2 in the meantime.... we built to 2 5/8
rather easily the last 2 days..IMO
it appears either there is expectation of more news soon,
or those taking profits from recent runs of the others in the sector
see WINR as a good value at this price relative to the new recent highs of the others.. my guesses anyway..

next few days should be interesting!!

take care