AMERITRADE HLD A (NASDAQ:AMTD) Message Board

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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)

AMTD 0.995

+2.6%

Feb 3 3:59 PM EST

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To: AugustWest who wrote (588)	12/31/1998 10:23:00 AM
From: Gil Gilbertson	Read Replies (1) of 1848

To: August West From: Gil Gilbertson Thursday, Dec 31 1998 10:19AM EST -Preview- Regardless of all the supporting hype, reality remains the same. Egrp and AMTD have been distributed at a hi price to weak holders who will panic and drive the stocks lower. The sell off has begun, they will not likely recover at this point, but selling will accelerate next week as people at first want to lock in what gains they have and then panic selling may return the stocks once again to a good buying opportunity at which time the people who paid those hi prices using MARGIN will either be forced out or scared out and the pros will win again ..... This is my personal opinion which is based on 30 years of trading that was sometimes painful as I grasped these basics. In this business enthusiasm carried to an extreme can be very dangerous...

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