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


To: Stock Watcher who wrote (1202)1/28/1999 6:59:00 PM
From: P.E. Allen  Read Replies (2) | Respond to of 52051
 
I know it was up big yesterday. The word from T.A.P. is that the less than ordinary news that was announced around mid-day was the reason for the sell off.

They say that the anticipated news will be out next week sometime.

I don't think it was a pump and dump, because the movement of this stock started about three or four days before that rumor surfaced.

Check the post of the rumored buy out by SBUX.

I still see this stock (GMCH) going higher in the short term and possibily be a real winner. Only the strength of the coming news will determine the outcome.