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Technology Stocks : Shiva

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To: Mke Loiuse who wrote (18)4/29/1996 1:29:00 AM
From: damniseedemons   of 5036
 
To all you short-seller out there:

Quit donating your money like this. It doesn't matter if SHVA's products are unreliable, or that they have bad service. The fact is, that Wall Street likes this stock...PERIOD! I've made so much money on the "overvalued" stocks like SHVA, USRX, PRST, IOMG, etc., because:

1) The stocks have MOMENTUM, causing alot of people who don't even know what SHVA does to buy some shares.

2) #1 causes #2 to happen--short covering.

The above has a snowballing effect, and the momentum stocks continue skyward. It's as simple as that.

Sure, there is alot of volitility in these issues, presenting alot of opportunities to make money, but for each good trade you make, you'll lose twice that much money on the next upswing.

If you think the company has fundamental problems, that's fine, but it's not the issue. Don't fight the trend.

Also, as I read through all 18 of the posts, I noticed some "technical analyts" calling for a sharp drop in SHVA...there was no double-top, or any other negative chart formation. The trend is oscillating upward.

Sal Habash

P.S. Hi Parado, sorry it took me so long to get here;)
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