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.
Technology Stocks : Creative Computers(MALL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Baghul who wrote (458)11/23/1998 4:17:00 AM
From: SkyDart  Read Replies (2) of 1634
 
Baghul:

If you are looking for a good short, Geron is still overpriced and the Technicals are indicating weakness with a fall soon to the under 8 range. Look at the On balance volume decline, the rapidly falling moving average convergence-divergence, and the declining price rate of change.

Check the chart. It has done this before like clockwork every time Geron announces it is a step closer to a cure for cancer. The stock hypes up to 15 to 20 from 6 or 8 only to fall back down over the next few months. A very low risk/ high probability short sell profit.

On the other hand, Mall is likely going up further before it tumbles. But don't take my word for it. Check out the technicals for yourself [suggest askresearch.com then call up mall chart];

1. RISING MACD

2. BULLISH DIVERGENCE of MACD from price last two peaks.

3. MAJOR INCREASE IN ON BALANCE VOLUME

4. RISING SMOOTHED PRICE RATE OF CHANGE

This does not even consider the stock is close to a new all time high and has already set a new all time daily volume record. Also this does not factor in the upcoming UBID IPO.

Is it tulipmania? Sure. But are you willing to stand in front of the moving train to put your principles [of rational valuation] on the line?
Could be dangerous and highly risky unless of course you plan to hedge by short selling Mall while going long on UBID like others on this thread have intimated......But even in that case, you might wish to stay out through the likely pre-IPO runnup.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News