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Technology Stocks : UBID - an IPO spinoff of Creative Computers
UBID 3.0000.0%Jan 21 4:00 PM EST

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To: Rajiv who wrote (509)8/19/1999 9:24:00 AM
From: who cares?   of 581
 
Ditto. Has #activetrader or Yahoo message boards ever been a reliable source for even one big take over rumor? Just short all of these type of rumors, and if we have a blue moon and a takeover does happen your still way way ahead from the 26 other times it didn't happen and the price collapsed. UBID was probably oversold going into yesterday, but not to the point where 40% in a day will hold. Actually I hope it runs more to add to the short, but it looks like a weak open.
This one had the added benefit of all the daytrader gurus believing the 1.6 mm float number you get most places. This number had to have increased significantly when MALL shareholder got their UBID shares, that was 7mm+ shares, and a lot went to week hands.
Mr. Burns
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