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Microcap & Penny Stocks : IATV - ACTV Interactive Television -- Ignore unavailable to you. Want to Upgrade?


To: mike.com who wrote (4166)1/25/1999 9:01:00 PM
From: ed doell  Read Replies (1) | Respond to of 4748
 
Hi Dave, Hi Mike,

Mike, sorry this post got to you as a reply to your reply to Dave. Anyway... Dave,

Take a look at a long term chart for IATV. For example,

quote.yahoo.com

and I think that you will see that there's considerable historic congestion at these levels ($6). I guess you're probably thinking, why would someone hold shares so long only to dump them to break even?

It happens every day. It's called resistance. It's called supply. There are also all of the other matters which have been brought up in the thread so far. Particularly the recent run up in price from the $2 or less level. For most people, probably all of us, that's a considerable gain for one year.

For those of us who bumped around at the $1 1/2 to $2.00 level for quite awhile, it seasoned us into patience and understanding. So, waiting around at this level is OK while things regroup, all IMHO,

Ed