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To: oilbabe who wrote (3646)8/26/1999 12:44:00 PM
From: Bo Le  Read Replies (2) | Respond to of 10027
 
Do you really consider 10% a good profit? I guess most people at the time when they risk their money in NITE expect at least 50% or more.
But it is a common investor mistake to sell when they reach break even point after suffering a big loss. Short covering? then why so many shares traded? No, this is not short covering only but mainly selling by scared investors like you. Big boys are buying and big money to be made in next few weeks for those who hold their long positions. Just my two cents.

Bo