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


To: Nietzsche who wrote (65114)3/30/1999 10:38:00 AM
From: Instock  Read Replies (2) | Respond to of 119973
 
Right now PLMD is trouble for LONGS. Dropped yesterday after Gapping up. Dropping today. Huge Gap between 6 1/16 and 8, created Friday after Business Week Hype mention.

Good Luck with the Long, I'll take my Short Sell Postion for now..

Instock



To: Nietzsche who wrote (65114)3/30/1999 1:19:00 PM
From: Instock  Respond to of 119973
 
Covered my PLMD short sell but thinking of Shorting again. The interday rebound ( only 1/4 ) was smaller then I thought it would be.

I am thinking that most of those who were Shorting PLMD , covered their postion, and probably to early. With those short sellers out now, less potiential for buyers coming in.

Still alot of Gap to be filled, 6 1/16 to 7 9/16. If even half that Gap gets filled, a short would take the stock from current 7 3/4 to apx. 6 3/4. Not a bad short sell gain...

Instock