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Technology Stocks : Talk City Inc - (Nasdaq-TCTY)

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To: LKO who wrote (90)7/22/1999 8:51:00 PM
From: Secret_Agent_Man  Read Replies (1) of 293
 
LKO, institutions flip and so do the amatuers that bought day one and day two on the upticks who then watch their purchase price erode in a matter of hours and days they then rush to "get out" when experienced investors take advantage of the temporary break in price to increase their position...you see there still are a few amatuers out there thinking of getting the next hot IPO at the open only finding out the same day or a day or two later that things did not go as planned MPPP is a prime example where some weary investor paid $105/share yesterday and today it's worth $44.00 less. It happens all too often..

cheers

today and the next few days, I'll be looking to ad to my position on weakness and at the rate the market is going I'll have a pretty good chance. One other note during the past three days we have traded over 15-Million shares...I'd say some flipping is going on since "institutions" could be all flipped out and or what I said is happening alot and of course a few mm's could be short but that is all part of the game.
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