SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : RAMBUS (Nasdaq: RMBS) - THE EAGLE
RMBS 107.10+9.2%Feb 6 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pompsander who wrote (1243)2/28/2000 9:18:00 AM
From: Jdaasoc   of 2039
 
pomp:
What struck me about this setting was the almost palpable unease in the room

The expression is "buy on the dips". After hearing about the current level of 1.5% margin debt which has grown 35% since Sep99, the expression should be "borrow on the dips".

RE RMBS The longer term story has never looked better. The remaining shorts, which there must be several million shares out there, will realize that even more profoundly. I can only think that as average trading volume increases that the available marginable shares in the float will decrease. The best analogy I can see being applicable is on the RMBS 30-40 pt up days is that the shorts are fighting a losing battle with people who use their IRA accounts to avoid capital gains or keep RMBS for the long term.

john
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext