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 : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (1520)11/26/1999 11:37:00 AM
From: tsunami  Read Replies (2) | Respond to of 2263
 
Have to congratulate the momo players, I think lots of people who
short for a living got caught in this one. (me included)

Stock looks broken but knowing the fact that margin man
is making phone calls right now, it still is not clear which way it
will go short term.

Single digits in 1 month seems certain but where will it go first?

I have to admit, I have never been that surpised by a stock before.

good luck all!



To: LTK007 who wrote (1520)11/26/1999 10:20:00 PM
From: Bilow  Respond to of 2263
 
Hi max90; What was the thanksgiving madness from a year a go that you mentioned?

(How short my memory is becoming.)

Today and Wednesday were retail trading splurges, and, I suspect, not just in ADSP. I have a theory that it is very useful to watch which stocks reversed during the last two days, and then reverse again on Monday. My guess is that is a very strong indication of a difference between institutional and retail interest.

That said, I don't think that the institutions are all hot to go short ADSP, despite the high price. I'm just glad I'm not short it, and, come to think of it, I'm glad I'm not long it either.

-- Carl