LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: American Spirit who wrote (15371)	6/9/1999 4:29:00 PM
From: LastShadow	Read Replies (1) of 43080

"BNBN - if this comeback is for real you haven't missed anything. Most traders like to wait until it's already rising. I'm the bottomfisher with my lowball bids. But two weeks ago lowball for this stock was 20 and it's still below 17. Some might bail before the end of the day so try a limit order 1/2 or so below where it is now. That is if you're really interested. I expect to get at least 19 for this dog short-term. Mindspring deal and other news should help. Stock has done nothing but go down for two straight weeks." BNBN is an IPO that's only been around for 2 weeks. I would be careful about generalizing its potential or pattern. lastshadow

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