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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (59904)3/6/1999 3:02:00 PM
From: hoffy  Respond to of 119973
 
A target for SEVL is almost impossible to predict. With no news I bet it gaps to 6 and gets to 7-8 before coming back down some. But if news comes out there could be a very big squeeze as the shorts who have piled on in this run will get burnt. That's why i don't know if I will short it until at least tuesday and only if it looks weak or if the squeeze already has occurred sending this through the roof. Going long here may be risky but going short is even more dangerous at this level. At 10 or 15 it could be profitable and an easier score.