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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock? -- Ignore unavailable to you. Want to Upgrade?


To: Sprintcar who wrote (739)4/3/1999 7:35:00 PM
From: Thermidor  Read Replies (2) | Respond to of 1593
 
Sold out of Xnet a couple of weeks ago when it peaked just under two dollars. As I had bought in at .60 cents I was happy to take the money and run. That said, congratulations to those who stayed.

As I'm now neither long or short here's an outsider's guess as to what is going to happen to Xnet over the next couple of days: at the open you'll see a gap up to four dollars with a day peak of five to five and half. Then, the next day, the stock will have a blow out move to eight. After that it will fall back over the rest of the week into the sub-four range.

Again, just a guess from an outsider.