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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (2969)1/22/1999 7:18:00 PM
From: Spiral600  Read Replies (2) | Respond to of 11130
 
I hear ya =) Hmm curious what's your take on GSIC.. I realize that its very risky.. I thought that it would have the potential to bounce back up to the 5/8's mark.. I like the look of the chart (1year and even short term charts on the stock) I was very close to unloading all at 30 cents a few days ago but only dumped 1/5 of my stake. (I've been holding the stock for about 2 1/2 weeks now I think)

Any thoughts for me?

I have done a fair amount of DD on the co. (as much as is out there and they have had a bunch of snafu's from the looks of things, but the fact that it held today and for that matter didn't go back to 6 cents after the first spike seems pretty positive)