The Amateur Traders Corner Message Board

STOCKTALK

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.

Strategies & Market Trends : The Amateur Traders Corner

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: eyebalz who wrote (6210)	2/12/2001 10:52:50 PM
From: Wayners	Read Replies (1) of 19633

Didn't you play the scarecrow in the Wizard of Oz? Actually, I disagree, those that sold JNIC at a P/E of less than half its forward looking growth rate today on no news out of JNIC but rather out of sympathy for the overpriced competition are the ones with no brains. Today appeared to be a margin call day for people that bought JNIC at $27 to $31. The new Wall Street game seems to be to provide no liquidity unless there's a bunch of margin calls in the stock, then run it up a bunch to profit off of those calls. I don't capitulate I hold as long as it takes provided those forward looking estimates remain unchanged. Hey it also closed slightly above where it opened. Not bad.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next