SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk -- Ignore unavailable to you. Want to Upgrade?


To: wallstreeter who wrote (528)4/7/1999 5:54:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 4824
 
wallstreeter, watch a typical chart of a stock when the volume peaks, you often get a retreat on retreating volume, last time I checked 10 was 1/27 of 27, thus I consider this lower volume, sure it is good volume, but on the rally, volume peaked if memory serves at about 10 MM and price at .105 and then the stock retreated to a low of around .06. That is my reasoning for a "possible" impending retreat, I am not in for the time being, and will wait and see how it evolves, I may either jump back in at $.35 or at much lower prices than now.

Zeev