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The Faraj List of Exploding Stock Part 2.03
melfaraj - Wed, 01 Jan 03 :
panagos,
happy new year and happy investment year 2003. you are the first respondant to this new thread!
yes, avm is trying to br-r30 whih can be decisive. it has been repealled, but i se no other than a small technical retreat in this. pretty natural and indeed may be beneficial to the stock to help it gather further momentum. i do hear of the price of gold cooling down, but think there is further headroom available for this stock.
watch carefully the spreads as they seem to fluctuate widely between 2-8%, again quite normal for a stock of this nature. ideally you want to come in when the spreads are narrow for 2 reasons:
- you pay less for the stock and can sell for relatively more.
- very importantly, the narrowing of the spreads consides with increase of trading activities in the stock.
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