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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: snerd who wrote (4903)1/18/1999 9:15:00 AM
From: Poet  Read Replies (1) | Respond to of 56537
 
INTXA:SNERD:

Nice find with INTXA, snerd. Here's good example of an inexpensive (sub $5) stock which is up with very high volume on news (yes, the usual "we're opening an e-commerce site"). I'll definitely keep it on my screen on Tuesday, and thanks for bringing it here.



To: snerd who wrote (4903)1/18/1999 11:40:00 PM
From: Trader J  Read Replies (3) | Respond to of 56537
 
Snerd: INTXA - Good dig there my friend. Volume is WAY up, nice increase in price and recently announced a web site to sell their products via the web.

The only thing I worry about is that if they cannot sustain the volume, they will slowly retrace back to where they came from. Hopefully they can keep themselves in the news and keep things fresh. Float is up there just a bit for a company like this but still low. Nice sales increases as well.

I have it on the watch list, watch for a pattern. Keep us updated if you hear or see anything.

TJ