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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: JeanD who wrote (10877)7/6/1999 4:10:00 PM
From: Kimberly Lee  Read Replies (3) of 108040
 
yep, nice chance for exit for many who were trapped in these trash IPOs. EDGR and EELN were my two best plays today, but I think the selloff is imminent. Historically, net sells off upon YHOO earnings, but I think many traders will try to exit a little earlier in order to beat the crowds. The selling pressure emanated from these traders will make the end come sooner.
NTVN is another one, think its IPO occured on the same day as Salon. Probably will be a runup tomorrow followed by selloff soon.
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