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


To: FreedomForAll who wrote (7569)3/10/1999 1:28:00 PM
From: brent gephart  Read Replies (3) | Respond to of 9695
 
In my opinion, I believe that the stock is down because the news is now in the market and the investors that bought into JMAR for a quick flip are now getting out. One of the advantages and disadvantages of day traders and day trading is that it does not promote long-term holding in small cap growth companies. If a stock of JMAR's size does not move .50 cents to $1 a day, or have new news out each day, than people who bought it for a trade will move on. In their minds there is money to be made else where in this market theoretically.

I believe the above reasoning, as simple as it is, is why the small cap companies and Russell 2000 have not moved very much. Unless you are an Internet company with theoretical growth or "hypergrowth" possibilities you will not get the time of day from the average investor.

If JMAR does finally have its stuff together as many of us believe than it will be able to beat the numbers it has projected for the year. If this is the case than, in my opinion, traders will sporadically jump the stock price up. What needs to happen is that, as the stock price jumps up enough times it will start to form an upward momentum. These will encourage more people to stay with the stock and that will cause the acceleration we are all looking for.

I believe this can happen as JMAR has more press releases about what is going on at the company.

Brent