"What we're doing is trying to band together so we can jump as soon as we see where the big money is moving," says Linda Warren, a graphic-arts designer in Toronto, who started the thread under the handle "Nokomis."
Suggestions, she wrote, must be based on news or numbers. "We believe it takes more than liking/despising or having a gut feel for a stock to enter a trade," her posting reads.
SusanG follows Stamps.com Inc., which has swooned from a high of $98.50 to as low as $2.31. At 4 p.m. Friday in Nasdaq Stock Market trading, Stamps.com shares were up 47 cents to $3.19.
"I thought this was good for the long-term portfolio, because the trend seems to be people using the Net rather than Pitney Bowes postage meters," she says. On Thursday, she noticed the company had a management shake-up and alerted the crowd. |
