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Technology Stocks : AboveNet Communications, Inc. (ABOV)

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To: MrGardener who wrote (165)3/30/1999 6:26:00 PM
From: BigAppleBoy  Read Replies (2) of 835
 
Wait a minute,dont drink on the way to the party until you get there.If I were you and had paid 99 a share I would probably stay up all night praying that I can get my money back.This stock is a pure pump & dump,there are not institutional buys on that ticker,it is pumped by small independent P&D groups,and I am warning you,when they sell,nobody else can sell.If ABOV can pick up 25 points with such a small volume,imagine what happens when these P&D's dump at once?propably a 30-40 point drop in ten minutes.I took my profits at 107 and keeping an eye on on it until it settles on realistic levels.

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