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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (8491)4/30/1999 9:17:00 PM
From: Pullin-GS  Read Replies (1) | Respond to of 59879
 
I've been trading EGRP for the last week with great success....
I Am holding a sizable core position as well that I do not trade from 3 weeks ago $76, $78, $82 (av. $79). When I started accumulating it was a no-brainer fundamental play. It was trading 50% off it's recent highs, and had just released earnings that stated revenues where 126% higher than the previous quarter. That kind of growth is rocket-fuel for a multi-bag long-term hold for an agressive company such as E*Trade. I recommend that you dig around on Edgar and check out some of the recent SEC filings and check out what I mean.

I am still holding a loosing position in NSOL, although I have been flipping it at opportune times.

EGRP is a winner...both short term and long term IMO...I could not even get myself to sell my trading position (picked up mid 113s) at the close in anticipation of a gap on monday....if a bull market continues I expect EGRP to perform as AOL has done in years past...one of those rare exponential growth stocks. It is kind of volitile, follows the inets, favoring of course the E-Brokers. A very momentum-oriented stock. Level-II is a must.

Already up almost 50% on my core holding....split coming on may 21st, so it could sell off shortly after that by a few days.

Regards...