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 : Winstar Comm. (WCII)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steven Bowen who wrote (3426)1/14/1998 8:59:00 PM
From: pkwknk  Read Replies (2) of 12468
 
....a very powerful rally based on institutional accumulation early, and short covering with some SOSES/ momentum traders late IMHO....technically, this stock on a very short term basis has gotten ahead of itself, well out of trading bands, but there is no rule that says it has to stop ,here....this stock is now on many institutional radar screens, and their traders will look for any weakness to accumulate, which should keep a pretty solid floor under it....realized that a majority of the float has changed hands within a few weeks...most of these accumulators did not buy in the high twenties to sell in the mid thirties...we go much higher, with some breathers ....

PS...you guys are a very entertaining bunch...after all the torture you have endured, a little gloating is more than appropriate...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext