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.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: space cadet who wrote (10746)6/30/1998 9:11:00 PM
From: craig crawford  Read Replies (1) of 18691
 
>> 200 is a sure thing <<

Nothing is a sure thing. (Except death and taxes)

>> I see it at 300-500 over next several months <<

I see you losing a lot of money if you are long and you believe that. You see YHOO having a market cap between $17-$30 billion in the next several months? With perhaps $150-170 million in sales? Your looking for a price to sales ratio of around 100-200?

>> However, the day before and after holidays are almost always strong I remember reading somewhere. <<

True, the last trading day prior to major holidays has been an up day the majority of the time. The day after effect is known to work well on Thanksgiving and X-mas.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext