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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (11947)5/9/1999 8:48:00 PM
From: Brennan Wilkie  Read Replies (1) | Respond to of 62348
 
AMS-V;For those who sent my PM's last friday regarding my purchase of AMS-V, here is my reason:

1) It will announce, or soon, that it is going to do biz over the net

2) It announced earlier that "thay cannot account for the recent activity in their stock", but we all know thats bull...

3) 3 days of huge volume pushing the price up to new high, following day- profit taking took place, the day after it started its ascend again.

4) Technical analysis (KEITH confirm please)

- MACD GREEN!!!! look at it
- shorter EMA is over longer EMA
- MACD histogram has huge steep bars.. indicating a uptrend and strong potential for new highs.
- Graph.. upward trend

5) Very active on stockhouse

Could be a day trade, i traded it once on friday, and bought it again for a over-weekend-er hold to speculate.

If you DO NOT agree with me, please reply, i would appreciate it very much.

If you also look at the graph and compare it with prior mining-to-net stocks, the pattern is similar.

Remember its a potential net stock... subject to ridiculously high valuation, which i don't mind if it makes me money.