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Technology Stocks : ADSP - Ariel

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To: KeepItSimple who wrote (1506)11/26/1999 10:46:00 AM
From: Bilow  Read Replies (2) of 2263
 
Hi KeepItSimple; Welcome to the asylum. The inmates are running the show here, so be careful what you wish for. You just might find those shares to short somewhere...

I agree with you completely that this stock is the POSTER CHILD of everything that is wrong with our market. Didn't stop me from making money on it. Printing money, in fact, I can't remember a more profitable trade recently, except when I bought AMD for a bit over $20 per share.

I doubt that we get to $5 per share any time soon. The retail herd has a nasty and disgusting habit of not giving up on their hopes too easily. Consequently, they keep losing shares long in their accounts until they can exit at their entrance price. Which, for most of the guys who paid over $50 for this POS, may never happen.

-- Carl
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