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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ????
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To: SkyDart who wrote (716)2/4/1999 4:45:00 PM
From: Wayners  Read Replies (1) of 1196
 
Here's my thinking and I guess its more along technical terms. There are obviously a bunch of different rumors circulating. Some make sense, some make a little sense and some make no sense. Its my opinion that you don't get this kind of volume and price jump based on a rumor that doesn't make sense like the AMZN thing. However there is something legitimate behind all of this speculation we just don't know exactly what it is---yet. IMO the volume surge and price jump tell the real story. I'm thinking along the same lines of risk/reward. $10 downside if held for several weeks to over a month , and $20+ real quick upside potential. If this type of buying carries over tomorrow, we'll know for sure that something is up. We probably don't know the real story yet, same thing for CNBC and rest of the media because big players want a chance to accumulate additional shares before they blow the price out of the water.
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