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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (42037)6/27/2000 10:34:00 AM
From: Logain Ablar  Read Replies (1) of 63513
 
Hi Tom:

Good luck with HLIT. Just from recent experience with blow ups (unfortunately I have had a few this year) it appears the best time to get out is in after hours after the news (I assume some general market orders are in place to buy and this keeps the price up) cause the next day there is more dumping with buyers at a lower level.

Some of the bounces I've seen come around 10 to 11 and the selling continues in the afternoon. I'm sure my experiences are not a valid sample but just something to add to the thought process.

Usually the lawsuit news is the day the stock sets a bottom

Tim
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