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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: JD who wrote (29743)11/18/1999 11:07:00 AM
From: Jim B  Read Replies (4) | Respond to of 108040
 
sold CHCL.. MMs were caught off guard maybe with surge of buying that took it to 1.50.. maybe that was just an error
but with 38million in the float and all the buying that's come in and it not moving..in fact they just lowered the bid.. I'm gonna bail out.. for slight loss..

when all the daytraders that just got in decide to bail too.. the MMs will be more than happy to take the stock way down on the same # of shares bought in which they only let the price move up 3cents... that's how they play the BB game
-- however, if buying continues to surge.. then maybe it has a chance.. i dont wanna risk it.. I'll find something else
jim



To: JD who wrote (29743)11/18/1999 11:15:00 AM
From: Walk Softly  Respond to of 108040
 
INPH nears buypoint.... keep finger on the trigger.....