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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: Matt Brown who wrote (805)4/22/1999 7:17:00 PM
From: Matt Brown  Read Replies (1) | Respond to of 5041
 
Great day!

Today was a dang good day in everything that we were in, here are some of my thoughts on MXNT from the CF newsletter tonight:

MXNT had a big run yesterday and managed to hold on to those gains today and add some more. Its really looking like a ZSUN to me. Chart looks like a "stair well." Looks like it ran, fell, based at 3 1/2 and now is on a slow, steady rise with increasing volume. (My ideal situation) WallStreetTips is going to talk to the Vice President tommorow of MXNT and let him know who I am and what I have contributed and hopefully, he will respond to my emails a little better, so that I can get a better idea of what is going on internally. Things look good so far, but I still have a few financial questions that will be answered very soon.

I think the MXNT is hitting more long-term hands. If you noticed, the boards were/have been a little slower, which shows the short-term hypers and such are out of this stock. This will hopefully ease the volatility in the stock! It was nice and steady today, although it did hit 5 15/32 at one point today. The blocks that are going by average in the 2-5k range. This looks like accumulation and not daytraders.

I have some more notes I will be posting on MXNT this weekend and will hopefully stir a little excitement up.

XNET also did well today. Opened up higher in pre market and early morning trading and held the gains well. Impressive. Looks like the overall view of XNET is getting increasingly optimistic.

FM



To: Matt Brown who wrote (805)4/22/1999 7:46:00 PM
From: Matt Brown  Respond to of 5041
 
Aftermarket trading on MXNT--

About 10 trades that were all above $5
Trading between $5 and $5 1/2

Looks promising.

FM

Where do you get After Hours data?
quote.com



To: Matt Brown who wrote (805)4/22/1999 8:17:00 PM
From: Gush  Read Replies (1) | Respond to of 5041
 
Have Fun.

I don't short stocks. It's too risky. It's easier to watch stocks go up.

peace out.



To: Matt Brown who wrote (805)4/22/1999 11:08:00 PM
From: Frederick Langford  Read Replies (2) | Respond to of 5041
 
I have another stock I will probably be shorting: RRRR Apparently the stock moved on a TokyoJoe pick and does not look like it has the push to keep moving up....I may be wrong

Matt,
Tokyo Mex? NOT.... You show me where channel buying adds up to 26+ mil?

How about this?
Volume 26,061,700
30-Day Avg. Volume:1,166,000


I'd be real careful shorting this one. Last 10 minutes on Level 2 did NOT indicate weakness. The entire float changed into stronger hands, at least greedier hands for sure....

Fred