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Microcap & Penny Stocks : Agiss Software (AGCR) - Year2000 + -- Ignore unavailable to you. Want to Upgrade?


To: LaShark who wrote (1350)4/16/1999 11:00:00 PM
From: P.E. Allen  Read Replies (1) | Respond to of 1811
 
HeHeHeHe,

someone asked me for the technical's on the stock.

As to why I see it going to a dime and a quarter.

In english, there are no significant support levels at any price level between where we are now and eighty cents, i.e, no big volume of buying in this stock, therefore if the volume continues there will never be any great selling pressure on the stock, because there is no group of investors waiting to sell. With a stock like this the only selling will be from investors who are not long in the stock or day traders may be the next major concern.

The offset to that is news and press releases etc.