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Non-Tech : Bill Wexler's Trading Cabana
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To: cubsfan who wrote (5520)5/20/2009 10:22:57 AM
From: RockyBalboa  Read Replies (1) of 6370
 
thanks, yes... 60% not too shabby in 4 weeks. But don´t confuse brains with a bull market (and what I often see now is dumb money thrown at stocks - if I´m not mistaken).

There is something different. I looked at DGI (digital globe) a recent IPO which opened quite above its IPO price of $19.
In a week it fell back and broke this price falling back to 18. Chart is now super-ugly; The DGI company has received high marks but that tells little, as we already know.

What do you think?

(at the same time I begin to view CYOU critically. It stabilised somehow at 30 but I have it with IPOs which begin to underperform the market. As such I think about selling a part of them).
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