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Technology Stocks : EDTA (was GIFT)
EDTA 0.00005000.0%Nov 7 9:30 AM EST

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To: gerard mangiardi who wrote (2021)4/23/1998 1:22:00 PM
From: andy  Read Replies (1) of 2383
 
You know that is not going to happen.

Let me take you through the normal scenario.

PSI puts out its pick between 3-15pm and 3-45pm.

The stock then shoots up as usual.

That night and the next day the profit takers come in and collapse
the price.

Subsequent buys at this "inflated" price usually happen because of over-optimism (its going to hit 3 yeah yeah - it never does)
A day or maybe three later theres no news and the selling starts - driving the price down - sometimes lower than when the hype started.

I'm waiting to next week when it drops back down to around 1.

You would be mad to buy it at this price - unless you thought news was going to come out tomorrow.

I've been burnt by this too many times - take my advice - if you did'nt get in at the start DON'T - just wait and take a reality check.
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