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 : METRICOM - Wireless Data Communications -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (1307)7/10/1999 12:23:00 AM
From: Tom Hua  Read Replies (2) | Respond to of 3376
 
Very little stock for sale by long term holders

Stock did not go up 150% the past week because long term holders bought or sold. It didn't matter. It ran up thanks to a beautiful short squeeze that peaked this morning. Once the squeeze is over, stock drops like a rock. Just plain and simple stuff.



To: rrufff who wrote (1307)7/10/1999 4:25:00 PM
From: Lionel Parker Perkins III  Read Replies (1) | Respond to of 3376
 
Hey, you made your money on the long side now let the people who are short make theres. Don't get greedy. If you didn't get out on Friday you better think about Monday. You will never buy a stock at it's bottom and you will never sell it at it's top (this stock has seen it's top). This particular stock did have ten great days of running up, but that's why it will have several days of going down. It can not continue to go up forever(If it can give me specific not vague reasons). Look at all the gaps, and all the money this company is still losing. Looking for the twentys in the next few weeks.