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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Matt Brown who wrote (13251)2/21/1999 11:07:00 PM
From: Jose Matos  Respond to of 122087
 
Matt, I just checked out the PC quote revamped site, and I must say I like it. It's much nicer than before. That said, a nice front, doesn't necessarily make it a good stock to buy.

I expect it to do what it's always done in the past. That is run up to $6, maybe $7, and come right back down to $3 or so where it's comfortable.

I gotta admit they are getting better. They even have vectorvest as part of the stock analysis. Check this out. From PCQuote.com, the vector vest rates it a SELL recommendation.
I didn't say it, they did.
pcquote.com

I'm not putting down PC Quote, I think it's a fine trading stock, but at this point, not a long term hold "for me". I covered my short a week or so ago at $4 flat. Not bad for a 7 day short.

Bottom line is that there is a good reason why this stock traded at $2 for most of the year. And whenever it pops above $5, it doesn't hold. Hey, maybe this is the time it will hold, who knows, but I've got history on my side. As for the forward looking statements, it may pop abit tomorrow, but I wouldn't buy into it. I'd feel safer missing the run up on this one (if it even occurs).

Regards.
jose.