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 : Red Hat Software Inc. (Nasdq-RHAT) -- Ignore unavailable to you. Want to Upgrade?


To: Kimberly Lee who wrote (589)8/16/1999 8:46:00 AM
From: John Chapman  Respond to of 1794
 
Split time. Does any one know how many shares are authorized? Is there room for a 2:1? They need to split to get more shares out there to make more room for the big guys and to get the price down to let the little guy buy. It seems everyone wants a piece of this pie.



To: Kimberly Lee who wrote (589)8/16/1999 8:48:00 AM
From: RobbRacer  Read Replies (1) | Respond to of 1794
 
Regarding the affinity shares. I cannot agree that the majority of the shares were put into accounts. Actually, I don't think either of us can say with any certainty.I will point out at 3:00 on Friday the stock immediately got hit 5 points as some of those people got thier shares. I think we will both agree that those shares are available now. Regarding Cramer-he's a savy guy and probably has already flipped his position too considering the quick gains made. The average trade size is very small<250. There should be no argument that its almost all retail in this stock at these prices. My point was it is not worth the risk/reward ratio to enter at these prices as a trader. As an investor its pure stupidity. Im not trying to get in an argument but rather point out for less experienced individuals that this is pure insanity and lots of people are going to get burned.
Rob