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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT)

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To: Kimberly Lee who wrote (589)8/16/1999 8:48:00 AM
From: RobbRacer  Read Replies (1) of 1794
 
Regarding the affinity shares. I cannot agree that the majority of the shares were put into accounts. Actually, I don't think either of us can say with any certainty.I will point out at 3:00 on Friday the stock immediately got hit 5 points as some of those people got thier shares. I think we will both agree that those shares are available now. Regarding Cramer-he's a savy guy and probably has already flipped his position too considering the quick gains made. The average trade size is very small<250. There should be no argument that its almost all retail in this stock at these prices. My point was it is not worth the risk/reward ratio to enter at these prices as a trader. As an investor its pure stupidity. Im not trying to get in an argument but rather point out for less experienced individuals that this is pure insanity and lots of people are going to get burned.
Rob
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