Replies to post #12932 on Archie's Corner (POW)

[Scrooge McDuck]

muel, i agree completely.
When they did the 1:4 R/S three months ago, the price was 1.00.
It's interesting to note that 1.00 is the minimum share price to retain a NAZ listing.
But, Right after that, the Harry Potter/Lord of the Rings hype started and the price jump is related to that....
Normally, I would watch for a drop back to about a buck and it may still do that, but the Potter/Rings frenzy is just in the beginning stages.
So far, someone who is a better trader than I am, can make some very good money on the spikes.

[greg s]

muel,

re: No knee jerk buys or sells for this boy anymore!

Very wise! The market's not very forgiving of mistakes anymore. What is your general strategy for the equity markets heading into 2002 (in terms of trading versus buy & hold, small versus larger cap issues)?

TIA,

greg