trying to figure out the science and art of trading and investing

an exchange of trading and investing knowledge. the various postings in this blog are based on my personal opinion only and do not constitute as investment advice. The blog owner shall not be liable for any losses incurred by visitors who take investment action based on the postings.

Friday, September 01, 2006

Magnecomp - Update

Sadly, Magnecomp did not move as planned. After half day of trading, only 1 lot done at $0.815. Very illiquid. To add, today MMI got another upgrade from CS. I alway say. When 1 person say, move the counter to your watchlist and monitor indicators. When the next person say, be prepared to take position. When your friend start discussing with you, look for sell signal!

Again, this is a hoot and hold not for the contra or faint hearted!

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