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Technology Stocks : ABLC - Ableauctions.com - EBAY with an attitude! -- Ignore unavailable to you. Want to Upgrade?


To: Baz Luhrman who wrote (5)7/25/1999 1:04:00 PM
From: hammer  Read Replies (1) | Respond to of 70
 
Hello Baz - the stock fist traded on the 21st. It opened around $3.00 but quickly ran to $4 with a few big trades. I saw a couple blocks of 125,000 shares go through which suggests some big hitter's came in early and snathed up some significant positions. Sound familar? I would suspect several days of continued accumulation as the word gets out of another auction opportunity!

Northstar did say they do not want this to run too quickly - they'd like to create a steady riser here and for the first three days so far we've been up about a buck each day. I intend to visit this week and get a first hand look. I can say that my last quiet IPO I was in I waited a couple weeks to go visit and buy in and I bought at three time the stocks open and missed the cheap shares. This time I'm in first, and visiting second. Just my opinion of course - to each his own!

Take care.