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


To: If only I'd held who wrote (25128)3/29/1999 4:48:00 PM
From: Land Shark  Read Replies (1) | Respond to of 122087
 
Ever hear of hyping? Ever hear of irrational buying frenzies by people who don't know anything about the fundamentals of the companies.. Ever hear of momentum trading? That's what CMPL & FNHC and similar companies are all about.

FNHC is a flying pig. I don't know if it'll continue down from 4 1/4 or rebound and continue the momentum. My guess it'll continue on upware to around $10 and then the insiders will start unloading. It's p&d trash plain and simple. The public and the daytraders sucker for this sh*t. We've seen it time and time again with similar plays, such as IMON, KTEL, PRFM, SKYM, DBCC, BAMM, etc., etc..

As soon as I see that FNHC and CMPL have tired out, I'll short em, but I'll not go long on them. I hate going long... I hate buying trash, period.