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To: ahhaha who wrote (16700)11/4/1999 2:24:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 29970
 
>>>Each day this stock jumps up at the open and then sells off. This is the shedding process. You may notice that the selling is running out of gas because the selling spells have less downward slope and are more brief. The stock is putting in a nice solid bottom, the only kind of bottom to have.<<<

same movement as INIT (take a peek at the similar intraday movements) over the past week ... as I will re-iterate ... patience wins all

p.s. NICE GRUB!!



To: ahhaha who wrote (16700)11/4/1999 4:20:00 PM
From: Jack Hartmann  Read Replies (2) | Respond to of 29970
 
<This is the shedding process.>
I always call it MM jacking the price up for those early morning market orders. Interesting observation on the slope though.
Jack



To: ahhaha who wrote (16700)11/4/1999 5:55:00 PM
From: E. Davies  Respond to of 29970
 
Each day this stock jumps up at the open and then sells off.

I remember this very clearly in ATHM back in the pre-runup days of a year ago. The stock was always selling intra-day, yet still on average moved up because the gaps were larger than the selling. Unlike now we would gap up HUGE on good news.

Interesting to note is that the pattern was very strong July-October 1998 and when it stopped in November was the start of a 5x move. Of course the magnitudes are not likely to repeat, but the timing just might.

Also interesting to note that ATHM was trading in the high 30's to low 40's at the time (presplit). The breakout occured when ATHM stayed above 40 for a couple of weeks.

Eric



To: ahhaha who wrote (16700)11/4/1999 6:10:00 PM
From: E. Graphs  Read Replies (1) | Respond to of 29970
 
I like your business commerce idea, but when it comes to losing the "e" don't you think it's a bit too early? There seems to be a lot of "e" mileage left to go.......it's easy, it's catchy and it works.

According to Gartner Group, as measured on the standard S-curve, at the moment "e is best". We are not expected to lose the "e" until at least 2006 to 2008.

I'm not sure I agree with it, however. We seem to be moving much faster than that!


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