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 : Excite [XCIT], an exciting stock to own in 1999!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chirodoc who wrote (833)1/20/1998 3:07:00 PM
From: Andrew Hunter  Read Replies (2) of 3183
 
..........my plan is to maintain my xcit position. but when the price rockets upward--i may sell 1/4 of my position and then buy some more when it drops. i do think this stock will be volatile.

I think it's incredible that you don't consider the price to have rocketed upward as of right now. Wasn't this at 22 a couple weeks ago? I'm alway amazed at how bullish sentiment gets so irrational after a huge run. Up 80% in a month is a huge run, whether you want more or not.

Anyone sitting on big XCIT profits should get out the day before earnings (Jan 21), or if you're a real daredevil, the morning after earnings. There will be some serious profit taking. I'm going short at approx. 9:50 am on Jan 22nd.

Just IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext