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 : MOMO MOMMA's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sean who wrote (991)9/19/1998 10:51:00 AM
From: Wayne Rumball  Read Replies (1) of 1051
 
PTHR - don't panic people. Selloff prior to the close was 100K vs 875,800 buys all day. Thanks to whoever threw out that 7K buy at the close, it should help us Monday morning.

PHV - I posted it at 7/8 but hadn't bought yet, decided to try for 13/16. When I did get it, to my horror it was 3/4 x 13/16. I didn't expect that.

Fortunately it closed strong, last 10 trades 44,900 at the ask (13/16)
followed by bid/ask going up to 13/16 x 7/8

12,600 went off at the ask and 3300 at the bid.

Early monday morning I will put in a sell at 15/16. When and if I get filled, buy back at 13/16, and sell at 15/16

This looks like a perpetual money maker IMO, but watch closely. If is see it drop below 1/4 on the ask, I'm out until I see it stabilize at another level. Take my lumps and leave

Just my thoughts
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext