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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Patrese who wrote (27539)2/8/1999 7:35:00 PM
From: Karl Drobnic  Read Replies (2) | Respond to of 31646
 
Patrese: Firstly, if anyone has jumped in over the last few days expecting to make a quick buck "on the rumor", they haven't. If they've sold short in anticipation of earnings dropping the stock, they haven't gotten a fat entry price. The risk in "buy the rumor, sell the news" is if you trade into a flat price. Something is keeping the fast money away this time, and TAVA is trading sideways in a range roughly between $7.50-7.88. It's tough trading to make money in a range that narrow with volume low, and probably not worth the risk of getting tied up in a slow stock if you're running fast money.