SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IFLY - travel sales on the web pure play
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Premier who wrote (3876)1/10/1999 11:19:00 PM
From: simarx  Read Replies (1) of 4761
 
There's no merit to his craziness. I am more intrigued by the TMEX and Auric connection. It appears to me that TMEX has been working behind the scenes to carry his grudge. The story goes something like this:

-A poster on the Yahoo threads a few months ago called stockgirl69 jokingly accused TMEX of demanding Airline Tickets for promotional work.
-TMEX got pissed and accused S69 of being in league with IFLY management, since only they knew. S69 later said she was joking and but obviously stumbled across a sensitive subject with TMEX.
-Ever since then TMEX has been hard on IFLY stock. Before the last run up he was telling his members to short the stock when it was in the 6 to 8 range.
-The stock subsequently went to 16 and then Auric comes on the threads a notorious short. Auric's timing was lucky as a certain Mr. Cantor had stock coming for sale on Jan 1 forward. He used this singular event to try to trick investors to sell when the downward pressure of the restricted stock came for sale. This new stock, profit taking and scared investors caused a retracement. But not as far as those stuck in short positions would need.
-Now, a new short tactic is spawned.

The problem is that many of these shorts were making emotional decisions and not ones based on good DD. But even with stuck coming for sale, IFLY has held on much stronger than many expected. Its a very bullish sign and a warning that shorting this stock is very dangerous and high risk.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News