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Technology Stocks : Redback Networks, Inc. (RBAK) -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (795)8/13/1999 4:33:00 PM
From: JoF  Read Replies (1) | Respond to of 1956
 
Well, what a difference a few hours can make! What a ride RBAK provided us all, longs and shorts.

I put in an order to short more at 200 when it was trading at about 192, thinking it probably wouldn't fill. Had been thinking seriously of boxing my position until I saw it drop so quickly at the open. Stupid!

Anyway, the confession continues....I got my shares at 200. Ain't life grand. My husband told me that next time I decide to short something I should print out a news letter so everybody else knows to go long. LOL

Anyway, looks like me and RBAK are gonna be hanging out together for awhile cause I'm not covering until its in double digits where it belongs.

Have I told you all lately how much I hate this stock? Well, just in case I haven't, know that I hate this stock!

Anybody have any thoughts about where you think this thing will go after the split. Please, don't say up, I might have to kick the dog or something! Naw, I'll kick the guy that wanted to kick my ass cause I shorted this POS!

I believe it will drop due to increased shares on the market. MM and daytraders have been having a field day due to its small float. Today's volume was 1,432,100.
Amazing!

Ciao,
Jo