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Microcap & Penny Stocks : ALFN - Toy Store On The Internet -- Ignore unavailable to you. Want to Upgrade?


To: dusty who wrote (19)2/6/1999 7:29:00 PM
From: John M.  Respond to of 2136
 
The opening can hold many surprises. I agree with your view.
Good luck to all of us!



To: dusty who wrote (19)2/6/1999 9:03:00 PM
From: David in Ontario  Read Replies (1) | Respond to of 2136
 
Just looking for some plays for next week - ALFN looks good.

Nice to read of the company buyback. Given Friday's large volume spike it's hard to judge when to jump onboard. I agree with Bill that the sober strategy is to wait for the post-open frenzy to die down and for the share price to retrace somewhat. However, for a play like this I don't know if it's worth the wait until lunch.

I'll do some more digging and DD and decide tomorrow if I'll jump onboard ALFN.

For a play like this I set a hard profit target - take it - and leave some onboard for a potential upward trend and further profits down the road.

Good luck to all,

David.



To: dusty who wrote (19)2/7/1999 5:55:00 PM
From: Pask  Read Replies (2) | Respond to of 2136
 
Dusty, I agree. Buying in during the first half-hour of trading on Monday may result in a higher price paid then is really necessary.
Because there is still an unknown time when this website is going to open, many are going to take some profits early. Now I'm not saying this stock isn't going to be up on the day, but I expect the HIGH of the day to be in the first hour of trading. Just my thoughts.

God Bless,
Pask