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Posted: 7/29/2002 8:02:11 AM EDT
I have noticed that today, the price for worldcom stock has been going up and down. I looked at the chart, and it almost seems as though there is a "cap" on how high it can go. There are lots of spikes in the price, but they all flatten out at the same price as though someone put a limit on how high it can go. Is this possible?


[img]http://chart.neural.com/servlet/GIFChart?sym1=WCOEQ&cbcku=fff6f5&cbckl=fff6f5&cbckg=e9eddd&cbckd=cccc99&ctxtu=3366cc&ctxtd=3366cc&ctxtl=3366cc&csym1=0233cb&csym3=000000&cbckg=FFFFFF&cind7a=FF0033&cind7=009900&cind8=blu&cind9=6666CC&avg1=0&avg2=0&ind7=volume&height=300&width=454&source=SP&multipane=1&cext3=green&dres=min&plottype=line&ignore=122001471&coname=1&image=PNG[/img]

Aviator  [img]www.milpubs.com/aviator.gif[/img]
Link Posted: 7/29/2002 8:06:27 AM EDT
[#1]
Don't know, just wish it'd go back down to 10 cents so I can but a couple thousand shares...[devil]
Link Posted: 7/29/2002 9:15:02 AM EDT
[#2]
btt
Link Posted: 7/29/2002 9:18:00 AM EDT
[#3]
What's btt stand for?
Link Posted: 7/29/2002 9:28:09 AM EDT
[#4]
Quoted:
What's btt stand for?
View Quote

back to the top
Aviator, I bailed on worldcom this AM, @.24, bought in at .18. Did good on my first ever stock deal.....
Link Posted: 7/29/2002 9:28:19 AM EDT
[#5]
Back to top. Its just a way of getting the post unburied from 2 or 3 pages back, and bringing it to the top where people may see it.

Aviator  [img]www.milpubs.com/aviator.gif[/img]
Link Posted: 7/29/2002 9:37:46 AM EDT
[#6]
Oh, that makes sense, thanks.

Can't imagine how someone could limit the selling/ buying price of stocks.
Link Posted: 7/29/2002 9:56:25 AM EDT
[#7]
Link Posted: 7/29/2002 11:46:39 AM EDT
[#8]
Link Posted: 7/29/2002 11:53:58 AM EDT
[#9]
I have 5k @ .18 and tried to buy more at .2 today.  I think there's some further upside to this stock, with talks of re-org, which is happy news to a very inexpensive stock.

Anyone know what Heilo did with his 50k shares?

Heilo! Heilo where are you!
Link Posted: 7/29/2002 12:21:43 PM EDT
[#10]
I own close to 11000 shares of Worldcom(wcoeq) I just bought 2100 shares of Worldcom-MCI(mcweq)today. I'm hoping to see $2.50 a share within 4-6 months
Link Posted: 7/29/2002 12:34:21 PM EDT
[#11]
I bought in last week @ .18.  Thought I'd just try and forget about it for a year and hope for LT Cap Gains. In hindsight, the investments that I've had the best luck with are ones that I bought and then "forgot".  I find selling much more difficult than buying. I note that most of the pundits on CNBC/WSW/etc really focus on when to buy and don't focus much on when to sell. (At least Ruykeyser usually asks, "...and what are you selling.")
Kevin
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