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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?


To: hoffy who wrote (13961)5/30/1999 6:08:00 PM
From: J Walter Jacobs  Read Replies (1) | Respond to of 15987
 
They have tried it and only gotten in deeper. The selling dried up. Now the only way out is to take it much higher to draw out sellers and try shorting some more. MM's are in a mess if they really are 14m short as the analystgroup estimates.



To: hoffy who wrote (13961)5/30/1999 8:55:00 PM
From: Drex  Respond to of 15987
 
In at ten or twenty, you're still going to make a pile of money.



To: hoffy who wrote (13961)5/31/1999 9:20:00 AM
From: John M.  Read Replies (1) | Respond to of 15987
 
Hoffy, you and hundreds of others will be looking for a lower entry. The problem is though it may drop temporarily, there won't be any shares for you to buy.
The drops last 10-15-20 minutes if that. The demand is there and were all looking for a bargain, that makes it hard for many to make the purchase at the lower price. This will make a move soon IMO. They can move it to 40 and see who sells and go on from there.

This seems to have been accumulated here so expect movement soon. Our buddies will launch this eventually.

If there is little selling, this will stay firm and continue on a northern path. In any case, good luck in your trading.

John M.