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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: TheStockFairy who wrote (69315)10/15/1999 7:36:00 PM
From: pater tenebrarum  Read Replies (3) of 86076
 
SF, sure, there's always a reason...imo we merely see momentum players piling into the stock, fundamentals have very little to do with the way it trades. even i have made some bucks in MU on the long side earlier this year. the thing with the semis is, that due to their absurd valuations so many people have shorted them and bought puts on them that they are in a continuous short squeeze...at some point the shorts will give up on it and then these stocks will drop like rocks. why? because really everybody is in them...the 'must have' stocks as they were called by an analyst on CNBC.
AOL was also 'must have' at 175...
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