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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Wes Stevens who wrote (12143)4/1/1999 5:52:00 PM
From: hoffy  Read Replies (1) | Respond to of 56535
 
>>>Hoffy, Trac, Looked at this today and decided to wait till next week. Why did they put out a news release after the bell before a long weekend????? I may work out well as the people that are not in (like me!) may still have a shot Monday.<<<

The news release wasn't from them but just a story about them on CBC newswatch. TRAC has no control when it comes out. CBS always puts out these stories after the bell. Now TRAC will be noticed and the IPO and online trading site will be in the spotlight next week. If the internets stay hot TRAC could be over 20 very quickly. 15 was th old high and when (If) it goes through this there won't be much resistance. I think it can easily be in the mid to upper 20's by the time the site opens.