25-Day "Buy" Recommendation Pops Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 25-Day "Buy" Recommendation Pops

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cgraham who wrote (76)	7/17/1999 5:47:00 PM
From: speedbot	Read Replies (2) of 155

The ipo formula is the hot investing fad of late, although certain elements really make zero sense to me. Considering the conflict of interest, underwriters initiating positive coverage post quiet time should hold little value, while lack of coverage or an unfavorable rating deserves greater influence. Lack of shortable shares during the quiet period is the only real advantage IMO. Paradise Valley Securities, Inc. is the only underwriter for PASA & lacks ipo history/experience. PASA assumes underdog status going up against the likes of STRM, AOL & MSFT. Most alarming is the fact that they have no revenue. The false Ricky Martin rumor was the only notable item to cause a surge. PASA may see a run up next week but if it does I will eagerly be waiting to take my short position. All JMHO. Happy trading. s

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next