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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Instock who wrote (35999)5/13/1999 10:04:00 PM
From: AD  Read Replies (1) of 122087
 
Instock, caution on MATX is appreciated but we've seen better stories and the stocks still dump pretty fast. Remember there are plenty of sellers...and too many shares.

1) people who have been in it for a while are glad to take big gainer
2) long termers who got in high a while ago are happy to get out whole
3) daytraders who got stuck in it Thursday, too high, will be dumping into strength Friday.

That leaves mostly new investors to fight all the selling Friday.
I don't think the story is strong enough nor are revenues close enough.

If shorts panic, well that could change the picture.

I hope for a nice pop Friday so I can build a better short position.

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