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 : MSGI Marketing Services Group Inc. -- Ignore unavailable to you. Want to Upgrade?


To: LOGAN12 who wrote (1822)8/25/1999 5:34:00 PM
From: JavaGuy  Read Replies (2) | Respond to of 3418
 
Linda, this is just getting brutal. The only thing down on my screen today was MSGI and the 30 yr yield (i.e. bond rally).
I think we are starting to see a little panic selling in this stock, something we have not seen here for awhile, we are kind of used to that slow, steady, "death by a thousands cuts" type of bloodshed in this room. Not the dismemberment we have been receiving lately.
I truly feel for the longs that have lost 10s of thousands (or more) on this one. I am in for a few shares at 15 to 31 and have been kicking myself for not bailing earlier.
$4, why not? we're down on a 53 pt up day on the Naz. What do you think will happen to this stock if the NAZ tanks 20% this Fall? The Y2K crazies have been quiet lately, just wait, some bad (or even flat earnings), another rate hike, and we're sunk.
I want to see 1MM+ shares traded, true panic, single digits and some of the "ever longs" on this board give up and run for the door. - That would be a true buy signal.
'Course, most of them, like me, will be clutching the worthless certs in hand, constantly staring at a blank wall and yelling "this is bullsh*t" every 1/2 hour or so.
Damn, where's the Tylenol...

JavaGuy