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long omga at: $2 limit OB,
10K shares, value approx. $20K
exitlong omga at: when tradestation.com comes out.
sell stop at $1
trailer stop = $2-3
target $10-16
just like the run up before 2000i came out.
risk $1 / $10K
reward $2-1x... run up,
at $10 runup / 100k profit
reward to risk ratio = 10 to 1
duration appr. 2-6 months.
that's not it yet... :-)
short omga ( if shortable )at: when tradestation.com comes out.
cover at $2
buy stop at $16
target $2
just like after the run down after 2000i came out.
risk $16 minus the entry price
reward $2-1x run down.
Bilo.
looks like no brainer, good high probability trade, and good
buying opportunity right now.
----- Original Message -----
From: Dennis Holverstott <dennis@xxxxxxxxxx>
To: Omega List <omega-list@xxxxxxxxxx>
Sent: Friday, May 26, 2000 11:02 AM
Subject: Re: Explanations please
> > hmm....that usually spells "bad news" in the company or the industry.
>
> so does
>
>
http://www.bigcharts.com/quickchart/quickchart.asp?symb=omga&sid=0&o_symb=om
ga&freq=2&time=10
>
> :-)
>
> --
> Dennis
>
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