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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (16344)1/26/2000 6:31:00 PM
From: Junkyardawg  Read Replies (1) of 63513
 
That is what I thought also.
I thought it hit the top but I thought it hit its top
for the wrong reasons. It is being hyped up as a takeover
by TXN and I feel that this is part of the reason for
the run-up.
In my opinion no way TXN will buy them especially at the
current inflated price.
Even if TXN were going to buy them it would probably take months for the deal to be announced. You know how that goes investors are usually impatient so they bail.
The money flow when I shorted it was +5 million and it finished around negative-8 million dollars. So there was a lot of selling.

Wish me luck
dawgy
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