LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: BoNg-N-BoNg who wrote (2766)	11/18/1998 11:43:00 AM
From: LastShadow	Read Replies (2) of 43080

Gaps and UBID/MALL mach6.net For those following Mach 6's Gap postings, out of the 50 Partial Gap Ups this morning, ~42 were positive with tw being flat and 3-5 being slightly negative. Great site - hard not to make some money playing the gaps with this information. I did read that UBID just narrowed the IPO price from 12-14 to 13-14 bucks, and they are rushing the IPO to get it launched. Although if it goes the way of TGLO, the brokers/funds will get a hold of it first and buy it up for 50 bucks and open at $100 and watch it go down from there. Not sure who is making the money on that one other than MALL (ergo its meteoric rise this morning - btw, further substantiation for Aliens "I thought everyone knew it..." statement - maybe I get numb to the fact that most people don't get news feeds or reposts of that info as we do here.) To bad we couldn't short those IPO's... Reentered FORE for the afternoon play. Mi9ght be short lived though. lastshadow

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