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Technology Stocks : Liquid Audio Inc - (Nasdaq- LQID)

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To: Frank Chu who wrote (56)7/9/1999 3:08:00 PM
From: Mark The Trader  Read Replies (1) of 674
 
How can you predict support of a new IPO on its first day of trading , You cant :-]
Watch the stock the last 15 minutes of the trading day. From what I have seen for stocks that are trading on the first day of the IPO like LQID this is a good time to buy becuase most of your sellers are out at this point and the Market Makers will bring the stock down to draw in sellers. Most will Gap up the next trading day if they are a Hot IPO which I think this one is.

Mark
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