3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

0.0%

Nov 7 11:47 AM EST

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To: TechMeister who wrote (23852)	11/3/1998 11:41:00 AM
From: joe	Read Replies (1) of 45548

TechM. At least change your support number from 35 to 34.5 because that's where the gap gets filled. This stock has a low float. This things not breaking anybody's heart. I fell asleep the first hour watching it go down to 35. (seriously) There's probably a lot of guys like Matt, hoping for a chance to cover. Possibly right now, there are a lot of new shorts jumping on. Great, we'll get them next time we go up a little higher. That will give us another chance to back and fill.:-) Institutions own this stock. They're scaring the piss out of everybody (the best of traders) to get out, so they can scoop every single share they can. Hope this makes sense, I'm still half asleep. Stayed up late last night reading world biz news and catching up on day job. joe PS...did you miss a chance to get in before? If so, don't let it happen again, it's not worth it. And also, nobody every gets the perfect bottom either, so don't be too fussy.

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