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Microcap & Penny Stocks : CAGI--A Sleeper Waiting to Wake Up!!!! -- Ignore unavailable to you. Want to Upgrade?


To: John F. Poteraske who wrote (680)1/20/1999 8:30:00 PM
From: Dr. Bob  Read Replies (1) | Respond to of 1020
 
I think it was more than profit-taking - I think it was momentum investors abandoning ship. The huge volumes of the past few sessions were not people buying and holding, for the most part. They were mostly momentum folks driving the price up, and when it rolled over, taking their money to greener pastures. Unless there's news on the way, I think everyone will have a chance to buy more at $3.00 in a month or so.

Bob