THE BIKR SQUEEZE IS ON
To: Rock_nj (28 )
From: Clayton Eley Tuesday, Dec 29 1998 9:22PM ET
Reply # of 29
Lordy, how foolish can some people be? Here's why BIKR will gap open big tomorrow, around 20-25, and run to 40:
1. SELZ is short and getting killed. He only filled 100-300-share lots and was frantically covering on INCA and ISLD
2. TSCO, WDCO and NITE accumulated all day long - they will run it
3. The last trade afterhours ON BIKR was 15:07 34,000 @ 8 1/4. Yes, THIRTY-FOUR THOUSAND SHARES. SELZ just covered part of his net short.
4. BIKR has a float of only 1.8 million, which turned over nearly 5 times today. Its effective float is probably nearer to 700-800,000 as investors and position players are holding many blocks
5. BIKR is profitable - trading at 8.64 times trailing earnings
6. I have heard from reliable sources that WDCO, TSCO and NITE are going to destroy SELZ tomorrow morning and gap BIKR to 36
7. News of the website rollout will be officially issued tomorrow morning
8. It's a great site:
www.bikersdream.com
See you all at 40 tomorrow. Shorts, once again you made a very unwise choice.
"from yahoo"
I agree with this post. SELZ is in very deep, and NITE, TSCO and WDCO will gap BIKR sky-high to make him pay for the error of his ways. We may see 50 tomorrow. (I said the same about SKYM Thursday afternoon over on that thread here, and many scoffed - BIKR is an explosive mixture, as SKYM was.) |
