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Strategies & Market Trends : Position Trading Forum

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To: margin_man who wrote (7201)12/1/1998 9:44:00 PM
From: Jim Spitz  Read Replies (1) of 7247
 
I think it will because of the Motley Fool pickup of today's news release. I could be wrong, but it didn't hit Yahoo until after 6PM, so any people reading it tonight who own CLCX, I think, may see yesterday's drop and go, awwww sh*t, I'd better sell. I think a lot
of people are still very reactive to ANY perception of bad news. This is a turbulent year. The MF article will reach many investors.

These are my thoughts. I am frequently clueless about things like this, and I certainly may be wrong. or not? If they gap down or fall within the first half hour, it could present a marvelous buying opportunity, since this news appears as though it may not be as bad as it first seems.

Stay in the Black! jimS
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