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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?


To: onlygains who wrote (2338)2/26/1999 4:31:00 PM
From: Daniel Miller  Read Replies (2) | Respond to of 9115
 
Nice day for me....

AMIG up over 30%.
FSOL up about 30%.
NETN down a little. Ask is up.
XCLU before close they moved up on no trade. Looking good.

My read was in WCTI only today.



To: onlygains who wrote (2338)2/26/1999 10:26:00 PM
From: David in Ontario  Read Replies (2) | Respond to of 9115
 
OnlyGains-a quick $900 :) Well you can pay me back by answering this

I've seen so many volume/price run up's into News and the subsequent partial sell off, that would this be a sensible strategy to play in the general sense? What are the probabilities of this type of strategy succeeding? What are the key indicators to look for in addition to volume/price run ups + elevation of interest which can be somewhat assessed by reading the relevant threads on SI and elsewhere?

This is playing the stock very closely I'll admit, where all/part of a holding is sold following News to then be repurchased shortly thereafter at a lower price, if it retraces somewhat of course. It is very risky and I would appreciate your comments. The strategy would only work for stocks that have strong near- to mid-term upward potential I guess.

If anyone else has opinions/comments I'd appreciate them as well.

My view is that it's too risky and that you'll only end up losing in the long run.

OG - it's best to respond to my alias so that I know you have something to ask/share with/tell me, otherwise I may not see it.

Thanks,

David.