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


To: Lola who wrote (14962)5/28/1999 12:58:00 PM
From: DaveU  Respond to of 62347
 
DRL,
I'm not sure this stock will ever be a daytrader. One criteria of a
daytrader is a minimum of 200 trades. The volume just isn't here on DRL. This could well be one of those stocks that creeps up in price and does well as a long term hold. Areospace can be very cyclical though, ie. this contract could be good to form a new core for order backlog, but they could lose another piece of existing business to make it a wash. Wish you well, I own too much DMX at 4.50 from their recent announcement (bought in at the halt). Only thing it didn't gap up, it just crashed. Either way, lost a lot of money and waiting for that painful rebuilding through time (prospects for company look good over time, 6 months). My mistake was not really understanding the markets expectation on this one and not seeing the lack of market depth support during the halt. DRL had very little MD as well. I truely do feel your pain!