SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?


To: Bert Zed who wrote (2279)1/20/1999 5:02:00 PM
From: Hawkmoon  Respond to of 6180
 
Where is the thread sage when we need some moral support. Ron, you out there?

Sage??

I'm sure that some would debate that... <VBG>

However, I have to admit that I was looking at the chart several days ago when volatility was decreasing and the Mr. Bollinger's Bands were tightening. It indicated that we should expect a sharp move in one direction or another...

And since MACD and stochastics were peaking out, I figured we were in for a correction of some sort. But I decided to hold rather than trade a portion of our position.

Considering the relatively light volume on which the stock dropped (compared to the heavy volume of previous weeks during the run-up), I figure this is the point where the Mmkrs give the stock tree a little shake in order to cover some of their short positions they accrued during the upswing.

That is the nature of things. But if the stock breaks its 200 day MA then I might have some concerns.

Regards,

Ron




To: Bert Zed who wrote (2279)1/20/1999 5:03:00 PM
From: Larry Brew  Read Replies (1) | Respond to of 6180
 
Bert, It's a new tax year. Investors can change certificates to
cash from a zero base again. I put in a buy at 8.875. I saw the
bid drop to 8.125 and was sure I had it. Unfortunately there was
an ask out there at 8.9375 that took my shares. Probably just as well. I expect a better shot tomorrow. So many in under 1. MUCP
needs to get an IR or something. Not understanding the business
you're in is o.k., but shouldn't be the person interfacing with
investors. I'm referring to the fab issue. I can't get a response
to the technology used. This is important when one considers the complexity of their chip design from their 10Q. I know MUCP's
designers will know this. It's a function of chip yield which
directly correlates to cost and competitiveness. You can see it
worrys me so much, I placed a buy order today. :-)
Larry