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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (985)6/25/1999 10:27:00 PM
From: Shtirlitz  Read Replies (2) | Respond to of 2514
 
Jenna,

You are a trader, and there is nothing wrong with that.
Let me issue a little trading call of my own:
Short the living hell out of everything that sticks its head out. The market is going down.

Don't judge me too soon.

Good luck.

P.S. CUST is one of the most manipulated stocks I've ever seen. If I was long on it, I would have taken my profits before June 30.



To: Jenna who wrote (985)6/25/1999 10:29:00 PM
From: Jenna  Read Replies (2) | Respond to of 2514
 
CUST as an earnings play on May 11, 1999. Message 9436380
Message 9436708
Here we called it as an earnings play check marketgems.com (click for May 11, then click the down arrow until you get to #9).. We called it twice on the thread as triggering a buy signal, and CUST didn't rest from that day on... So another case 100% gain 10 trading sessions on a 'hype' stock. How do you know that another net stock is better or stronger, since few of them have earnings? Or even those with earnings like VRSN, NSOL and AOL were swept down in May/June with the correction of the nets.

CUST from the day the buy signal was triggered on May 11, 1999.


5/24/1999 76 67 7/8 90 64 9,012,200
5/21/1999 60 15/16 55 5/8 61 13/16 55 1/4 1,101,100
5/20/1999 54 9/16 51 60 50 1/2 1,257,700
5/19/1999 49 7/8 49 50 3/8 47 1/4 592,500
5/18/1999 48 13/32 50 1/8 50 3/8 47 3/16 799,700
5/17/1999 49 9/16 43 1/4 51 3/8 43 1/4 1,522,000
5/14/1999 42 31/32 40 1/2 43 38 690,400
5/13/1999 40 1/16 40 3/4 41 3/4 39 1/2 359,600
5/12/1999 39 7/8 39 40 3/4 36 1/2 560,800
5/11/1999 38 3/8 42 44 38 3/8 1,129,300


I guess some of you are from the same group that shorted my favorite play NTBK.. during the first quarter of 1999. By the way we sold NTBK last week of April, so we are not thick-headed we realize the dangers and risks of CUST, but to go one way is to miss the opportunities for both long and short.

I had a relative once that everyone despised. He was a miser and wouldn't help anyone ever, even though he was extremely wealthy. Every time someone had a 'proposition' to set forth to him, he would say 'no'.. 100% of the time, he would point out the flaws of the reasoning of the project just so he could justify his not contributing. As the law of averages would have it, he was right about 10-20% of the time, and he would take advantage with words like: I told you so, I knew your idea would never work.. it was doomed from the outset. But when the projects DID take off, you never heard a word out this relative. Of course he was lucky to the very end.. He died at 98, a very rich man, and kept all his money with him. However, his family was estranged from him.

The morale is simple: Every play should be judged on its own merit, every net stock as well. There are room for shorts and longs as well, unless you are planning to hold this stock as a long or intermediate hold. You shorts, will probably win at the end, but how much money will you have left by then after covering all the gains?



To: Jenna who wrote (985)6/25/1999 10:34:00 PM
From: Tom Hua  Read Replies (2) | Respond to of 2514
 
There is so much talk on this thread about how awful CUST is and how I was bashed at having it on my watch list on June 17

Jenna, I don't recall seeing any reference to you on this thread. Can you point me to a post on this thread where you were bashed?

Regards,

Tom



To: Jenna who wrote (985)6/25/1999 11:17:00 PM
From: Buoy12  Read Replies (1) | Respond to of 2514
 
Jenna,

Shorts were a joke this week? Hmm, short from 56 today and still holding @ 50 (Closed half at bell for much more than your two watches, try a couple cars) Wake up and this thing will pull back harder early next week. Toast, burnt toast, My dear.



To: Jenna who wrote (985)6/26/1999 5:10:00 PM
From: Land Shark  Read Replies (1) | Respond to of 2514
 
You're a symptom of the sickness and profound stupidity of this market.