ADSP - Ariel Message Board

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Technology Stocks : ADSP - Ariel

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To: LTK007 who wrote (1401)	11/25/1999 3:06:00 PM
From: Chris land	Read Replies (5) of 2263

Max90, can you explain in a little more detail why you believe this stock will crash a few minutes into the open? I've rarely seen a stock take off so much afterhours and can't possibly believe there aren't more buyers lined up than sellers. I saw this thing go up to around 17 before it took a breather and started retreating. Strange thing is it turned right back around and started climbing again. You and I both know that loads of people were already taking their profits afterhours but can you explain why the buyers kept coming in? In this case we are not looking at a stock being bought or sold for what its worth, we are looking at a stock out of control. I don't recommend anyone buying at these levels but I do know that its on many daytraders scopes and come friday many people with ECN's will have their fingers on the triggers. I expect major swings both ways but to think that its just going to gap a bit a then crash a few minutes at the open?.... Chris

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