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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: findstock who wrote (7285)5/20/1999 5:45:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
PTEK: I think that they will put up an amazing fight but when they cover, they will be buyers at the lows. . .this will bring amazing sudden volume. . . There's a chance it could pull a HLTH and gap down, then race to the top all at once, before the "regular folk" have a chance to even see it.

As hard as it is to make gains on positions and swings. . . it is even harder on momos. . . since EVERYBODY is your enemy, including those that are long with you. . . you want out at 15/16ths? As soon as you place your limit sell. . .others place theirs at 7/8ths. . .then still more at 13/16th. . . and more at 3/4th. . .and next thing you know, your sell is passed and you are chasing it.

We are at war on the enemies home turf, where they have planted all the mines and traps and we have no idea what weapons they have. . .but they know EXACTLY what we have, because they see our limit orders. .

What we really need on PTEK is some serious coverage. . buy recs. .news.. . .undervaluation / short squeeze articles and similar ammunition to blow them out of the water.

Rande Is