Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (950)	1/27/1999 4:20:00 PM
From: Carl	Read Replies (1) \| Respond to of 52051

CTKT Day Range 0.170 - 0.240 Volume 640,500 Bid 0.205 Ask 0.240 Date Close Change Day High Day Low Volume Jan 26 0.170 -0.030 -15.00% 0.23 0.17 1,031,700 Jan 25 0.200 +0.050 +33.33% 0.22 0.15 1,766,600 Jan 22 0.150 +0.045 +42.86% 0.19 0.10 2,625,100 Jan 21 0.105 +0.010 +10.53% 0.13 0.07 1,646,200 Jan 20 0.095 +0.018 +23.38% 0.14 0.05 1,560,500

To: Stock Watcher who wrote (950)	1/27/1999 4:26:00 PM
From: P.E. Allen	Read Replies (1) \| Respond to of 52051

Well, that was either a correction or the rumored news was squashed, or the fact that there was no news to support the run up in the stock over six days. Remember on significant gaps sell and buy later, most times this is a means for the MM's to get people into a stock only to turn it around in their favor. Well I learned before and traded the stock three times today. Still have my original position at a cheaper average cost. Sometimes this work and other time the stock goes higher. I still see a further move down on GMCH. Todays closing price is below yesterdays close and significantly below the high for today. The only thing I see that will help this stock now is some news. Where is the news??? Look for a lower opening tomorrow on this one.