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Replies to #13231 on One Step Ahead
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Bo14172

09/17/04 4:39 PM

#13235 RE: elo #13231

Hold, pray and keep sticking together. We have seen
1000%-1200% gains already.

If good news is soon to come, there is quite simply so much market attention on this stock, and sidelined money just waiting for a good reason to get in the game, that I think the run will be hard.

Today is proof of some of yesterday's discussions.
drdre brought up that CMKX won't move on positive diamond recovery news. If you peek at my response to him yesterday, that offers some insight.

Quite simply, good news moves stock prices. The market projects value from the information given and events that take place. I know that sounds like something everyone understands without it being said, but the point was brought up yesterday, and today and everyday thousands of stocks move up on good news and down on bad as a general rule. Their are exceptions like when big board plays fall despite good earnings. But the norm is good news=up, bad news=down.

Like I say, it sounds silly to mention that because it's so basic, but I wanted to clarify something drdre posting I felt wasn't on the mark.

Bo : )