Anthony,
I understand why you thought friday may have been the end of it, but you will probably be in the money on that short by no later than tomorrow.
If the LCOS deal with USA had been at a huge premium, I would have stayed long SATH, but I see most of the internet high flyers looking for "life rafts" to ensure them a nice windfall.
So any e-commerce deal that SATH may announce tomorrow, as well as better than expected earnings, still could not justify a $30 price.
However, SATH will undoubtedly do much better in '99 than ever before, but 1,500 % better?
I hope buyers above $27 only averaged up and didn't establish a brand new position.
Remember folks, these are all momentum plays, rarely do they result in a share price staying that high - EBAY, AMZN, YHOO .... are exceptions rather than rules.
Pick a target price and get out, don't wait and HOPE it will come back up once it drops decisively!
Best of luck to all!
Rico
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