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 : CheckFree (CKFR)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew Stern who wrote (2056)2/26/1998 11:11:00 PM
From: Risberg  Read Replies (2) of 8545
 
It is my understanding from the yahoo thread that the Cabot newsletter recommended this stock at 28. Earlier this week, he lowered his recommendation to a hold. It is his consistent policy to recommend "sell" whenever one of his stocks falls 20% below entry. Apparently he put out the sell today when it hit that point (22+). Although his loyal followers may not be all that numerous, other investors tend to track his recommendations, and perhaps there were numerous stop sell orders near that point, so as to miss the resultant rush to the exits, which was not pretty. I suspect that the stock will snap back somewhat, and that most of the Cabot gang has already bailed. The last trade after hours was at 22 1/8. I'm holding. This would be a stupid time to sell. Nuff said.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News