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Technology Stocks : ASD Systems, Inc. (ASDS) -- Ignore unavailable to you. Want to Upgrade?


To: Jay Plummer who wrote (183)11/25/1999 3:15:00 PM
From: BlondePsyDoc  Read Replies (1) | Respond to of 491
 
I'm not an astute trade. Basically very much a novice at this. I started trading online in Aug. of this year. Honestly guys I was joking more than I was actually grumbling.

Anyway, I do appreciate any advice you are willing to give me. Here is something by d-train at RB about the IPO life cycle. I'd like to know what you think of it.

Day 1 - up big on huge volume.
Day 2 - Crap Shoot - 50% up 50% down on moderate volume
Day 3-15 Slowly drift down on minimal volume.
Day 16-24 Run up prior to quiet period expiration on building volume. Price peaking on day 22,23, or 24.
Day 25 Minor selloff in anticipation of coverage.
Day 26 Coverage initiated - Strong buy - might run a bit higher, anything less; tank!
Day 27 to eternity - 95% will drift lower in relative obscurity except for the ebays, amzn and yhoos.

Any thoughts? Especially as to how this applies to ASDS which is not following this pattern at all.

Thanks for you time.