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Microcap & Penny Stocks : QSOUND LABS INC - - QSND - - ACER GROUP - - IBM -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (656)4/30/1999 9:38:00 PM
From: John D. White  Read Replies (2) | Respond to of 857
 
Well Scott, Rainier and all,

Here is this traders outlook:

The break-out will show up on all the weekend scans. And it's nice that it occurred on a Friday.

There is a little resistance between 4 1/2 and 5 dating back a few years, but we should take it out easily next week. We will probably see a spike on Monday to at least 5 on at least a million shares. If the volume exceeds two million, on Monday, and we follow with at least a million Tuesday, QSND is back to "darling" status. Canada needs every darling it can get. There is over 20M in float, so it is important we trade at least a million a day on average all week.

Pull up a 10 year chart to see what I mean. This stock was $20 in 1990. Any pull-backs to 3 1/2 should be used to buy.

I doubt anyone will be getting in anytime soon at much less than 3 1/2. (Hooray for the six of us that did our DD last year.)

If the market holds up this one is going into the teens before year end.

JMHO. For entertainment purposes only.