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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (12338)1/5/1999 10:03:00 PM
From: Sergio H  Read Replies (3) of 29382
 
Ken, they got lucky. IFLY news was expected for some time. When it looked like it wouldn't happen they guessed incorrectly that IFLY would announce a delay and shorted the stock. IFLY announced their new website after market close on a long holiday weekend....bad move. Killed the momentum. After the initial fanfare at the open on Monday, the news was history and profit taking took over.

Just like the herd buying in as the stock went up, the herd sold as the stock went down. Those %^2%&s got ^&*&^ing lucky. I don't mind being wrong or taking a hit once in a while...it's going to happen, and I don't mind giving credit where credit is due....but those *((*$(*(*&^s don't deserve any credit.

I'm working on anger management. LOL

Amigo Sergio
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