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Technology Stocks : Liquid Audio Inc - (Nasdaq- LQID) -- Ignore unavailable to you. Want to Upgrade?


To: Frank Chu who wrote (56)7/9/1999 12:13:00 PM
From: Scrapps  Read Replies (1) | Respond to of 674
 
LOL! On such a short history of trading. It could just be those who bought at the IPO price are flipping, that makes for the sell side to be stronger....for a while before it switches over to a strong buy side. All IMHO of course.



To: Frank Chu who wrote (56)7/9/1999 3:08:00 PM
From: Mark The Trader  Read Replies (1) | Respond to of 674
 
How can you predict support of a new IPO on its first day of trading , You cant :-]
Watch the stock the last 15 minutes of the trading day. From what I have seen for stocks that are trading on the first day of the IPO like LQID this is a good time to buy becuase most of your sellers are out at this point and the Market Makers will bring the stock down to draw in sellers. Most will Gap up the next trading day if they are a Hot IPO which I think this one is.

Mark