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Non-Tech : KIDE a good play to capitalize on Pokemon craze -- Ignore unavailable to you. Want to Upgrade?


To: Lucky888 who wrote (926)12/3/1999 10:22:00 AM
From: Rob Seligson  Read Replies (2) | Respond to of 1239
 
FYI...

My wife just spent a week in England visiting her friends and family and reported that Pokemon mania has significantly taken root. My five year old son and his friends having been sharing Pokemon stories non-stop. Net net, I have been given a laundry list of Pokemon paraphernalia to ship over.

There doesn't seem to be a let-up of the craze here in the U.S. and the European craze appears to be giving birth. A recovery in KIDE share price is inevitable.

good luck Lucky888,
Rob



To: Lucky888 who wrote (926)12/3/1999 2:04:00 PM
From: Mr. Tomatohead  Read Replies (1) | Respond to of 1239
 
Actually, dead threads can be a great sign that stocks are taking a rest or are under accumulation. Lots of board noise isn't always a prereq. for getting ready for a strong upward move. You can scalp the few points shorting it...nothing wrong with that...but I will continue to accumulate as the situation allows and warrants. Most of my interest is focused on ASDS and WFII right now, but not out of a large long position on KIDE by any means. Good luck with your short, just not wishing you any extended good luck with it :)



To: Lucky888 who wrote (926)12/3/1999 4:27:00 PM
From: Jose Matos  Read Replies (1) | Respond to of 1239
 
Lucky, I wouldn't necessarily equate the two as sign of KIDE have hopped on Trigger and headed off to the sunset. Actually it makes perfect sense and is consistent with previous trends. That is, days when the tech sector and Nasdaq are on a tear are usually the days that KIDE goes down.
This is just a guess, but I'd assume it's because many daytraders find it easier to pile into some internet stock that assures them of easier money than holding it in KIDE.
The reverse though is often true, that when the Nasdaq tanks, KIDE usually holds up well or rises. We'll see when this trend ultimately ends. Personally I don't think it's done yet.
And considering the massive strength of the Nasdaq the last 2 days, I'd expect an equally weak day for the Naz any day now, and if I'm correct, I'd expect KIDE to have a strong day then, possibly crossing $60 and beginning another uptrend next week.
Obviously I may be off on the timing. No one is ever perfect, but I do think some better days lay ahead for Pikachu.

Regards.
Jose.

PS. I have no qualms with your short position as I have also been short in the past on KIDE, but I wouldn't want to be short 2 weeks before christmas. The hype and potential will soon return. Currently Long and nibbling on weakness.