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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (18286)7/29/1999 7:37:00 PM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
>>SGI ran from 16 to 18.5 today on seemingly insignificant news...go figure <<

You woudnt think on a day like today any IPO would run 50%.. NTOP was a great play if you got in while it looked to crash!
I am very surprised NPLS did not fly, I saw goldie using their ARCA to dumb a ton of shares @ 18.. Maybe they dont want it to run, But the NPLS news is like the best news any company could possibely hope to have next to a firm buyout offer. Considering that ATHM values each customer at like 50K, its like anyone who wants reliable access gets to use NPLS instead. In the good ole days, that news would have been worth 20-30 points in the day itself.