SI
SI
discoversearch

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 : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Wes Stevens who wrote (7064)1/31/1999 1:24:00 PM
From: snerd  Respond to of 56535
 
THREAD MINING.... Who knows, ya might want to put it on your watch list. Their numbers didn't look that great, but what does that have to do with an internet play?! ; )

Snerd

To: +Sipowitz (0 )
From: +Roger A. Babb Sunday, Jan 31 1999 11:01AM ET
Reply # of 70

FSTW certainly qualifies for mention here. It is a developing Internet play and looking at the trading volume it is most definitely undiscovered!!



To: Wes Stevens who wrote (7064)1/31/1999 5:21:00 PM
From: Jon K.  Read Replies (1) | Respond to of 56535
 
PRFM, Wes, I respect your point of view and thanks for letting me stick around. However, I am still going to post what I think (and what I believe) about the stock.

I've been following internet and e-commerce related stocks since last October, and I found the stock goes up on news and expectation of a certain event. But when that event actually happens, the stock price usually goes down. (Some times it goes up if it gets a great news coverage) Not only that, lately many people saw this patttern and start to sell off a day or two before the actual event happens. (With e-commerce stocks, it is getting more like a psychology game than investment strategy)

PRFM has a great potential. I think this stock will trade between $7 and $25 in next few months. I sure will enjoy trading this stock many times, going up and coming down. Hang on, we will have a really great ride!

To All :
If a stock price goes up 300% to 700% in a matter of few weeks, you know you are in a highly speculative and high risk stock. If your retirement is coming soon, and if you need this money to pay your monthly bill... GET OUT! These are not the place to bet your basic living expense.

Jon