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 : Net Perceptions, Inc. (NETP)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bernieb2 who wrote (2709)8/15/2000 7:09:22 AM
From: rupert1  Read Replies (2) of 2908
 
bernie: Never understood the technicalities of max pain point except that it is supposed to be the price that the option dealers would ideally want a stock to close at at expiry date to suit their positions. It does seem to be a better predicator than most so-called technical indicators. So if the max pain point for NETP was $12.50 then we would expect to see the price close at that on Friday.

In answer to your other question about trends. I avoid short-term guesses, but think we are at the beginning of a long-term upward trend right now. There may be more gyrations because the small float is very vulnerable to VV selling, or whatever, but consolidation has been under way for a few days. Contrary to Carl R's theory, if the e-tailers also start to up there would be no cause and effect in my mind. They move up in the late 3Q and 4Q every year. And since I think all the talk of their demise is simplistic, I do not expect any difference this year. I am sure that other techs stocks will also move up so one might as well say that NETP is correlated with them, too.

There will be a general improvement in tone - some of those calling for the permanent demise of "internet economy" stocks will start to look silly again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News