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Technology Stocks : Data Dimensions

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To: Sondo who wrote (1606)6/1/1997 7:17:00 PM
From: taxikid   of 4571
 
really?- I ain't.. made money playing this stock and covered last week
and put sell orders is at 30 1/4. Lucky for me I sold some.
NO squeeze,feel bad for anyone greedy that got squeezed again, but they should have consulted the charts.
I don't see ddim as a presstek {unlimited upside} but retracing to 32 and falling, possibly 34 is not out of the question.
the quantity of shares sold short allows for a squeeze up into this range.
I wish not to argue- but just to make money.. sometimes trends become obvious- but the issue of going long is out of the question.Many on this thread can stomach a fall to 17.5 because they were in pre-split.. anyone considering going long above 25 is in extreme risk-
while I short-it holds only a certain amount of risk..
to go long and have a loss, and expect a stock like this to recover from a fall would be delusional.
but expecting a stock that has such a high pe to fly up a few points due to squeeze{no real volume}is expected as is the eventual fall to earth.

post away
taxi
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