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 : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ????
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FtrPlt who wrote (1022)5/21/1999 1:44:00 AM
From: Oleg Sogolov  Read Replies (1) of 1196
 
I'm sorry I did not respond to your message right away.
Personally, I think the stock is going to trade water for a while.
I would go neither short nor long here. However, I covered my short this morning for two reasons:

1. I was only 1/4 off my very short-term target which was $9.
2. I just could not resist shorting ADAM this morning. All that hype about consolidation in the Med-Internet field. The stock was like %300 in a very short time based on hype and greed. So I used the money that I shorted BAMM with and got into ADAM.

By the way, I think ADAM is bound to fall big time within 1-3 days, though they are up 12% on the day but like 30% below intra-day high.

Good luck to you guys. See you when BAMM crosses over $10 again.
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