Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Original Mad Dog who wrote (15851)	12/4/1998 5:41:00 PM
From: John Goode	Read Replies (1) of 27307

Still a lot of daytraders trying to run this thing..Once this thing starts to move a little on the updside, more day-traders pile in a push it higher, causing some shorts to also panic and cover. Problem is, large holders are likely doing a lot of dumping (hence the lower lows, and lower highs each day). Any run up will be used as opportunities for more selling. Both longs and shorts are playing with fire (longs because the momentum has lost steam and the bottom could drop out, and shorts because you never know when/if this stock will take off again). All of this is IMO, of course.

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