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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (14635)5/14/1999 2:03:00 PM
From: Canuck Dave  Read Replies (2) | Respond to of 56535
 
Trade: Bought 10000 T.TVL @ 2.57 . Just broke high for day.

Where is everybody? This is a BUYING opportunity, folks. SCII just broke out. I think it's going to run.

CD



To: Canuck Dave who wrote (14635)5/14/1999 2:15:00 PM
From: StockHawk  Read Replies (1) | Respond to of 56535
 
PARA - this one looks interesting. Currently at 2 3/8. It is selling for less than Book Value, which is $3.23, and for about 30% of annual sales. Float is only 1.3 mil. PARA bolted over $8 in Feb. after announcing the acquisition of Web Business Systems but then fell all the way back to just under $2. It just moved above its 50 day moving average and volume is up. Yesterday it traded over 100,000 shares for the first time since early March (3/4) and will likely break that number again today. With the low float this could move again like it did in Feb.

I like to get into these low priced ones when the volume begins to surge.

StockHawk