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Gold/Mining/Energy : DION ENTERTAINMENT -- Ignore unavailable to you. Want to Upgrade?


To: Tom Cat who wrote (236)4/5/1999 4:59:00 PM
From: Jason Krueger  Read Replies (1) | Respond to of 378
 
TC

I mentioned Millenium (MLM) on this thread last week. Great day for it today. I hear they have some news in about two weeks, and there should be more significant buying tomorrow. Not surprised to see them close it at $0.95 today.

I think MLM should continue trading activity for a few days with good percentage gains each day, due mainly to the self-perpetuating life of these net stocks. I haven't traded DIO for over a week, only because it had such a substantial run in price since I first got involved in that one. I know the float is decently thin with MLM, and a lot of the overhang has been dealt with. I also think the main sticking point for price is $1.20, as this is the 52 week high and a lot of people bot the stock some time ago between a dollar and $1.20.

The company is a multi-level marketing company first in my opinion, and they are trying to gain exposure with their website. Their website is excellent by the way. Maybe you should start a thread on MLM - it does look like another DIO to me.

JK