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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (5633)	12/6/1999 10:43:00 AM
From: Dr. Stoxx	Respond to of 39683

ASDS is a buy at any price under $20...if it gets there. IPO's are a difficult play. I'm learning that there is usually a selloff of those that go up from their opening after 10-15 days (as ASDS now, I suppose). And in those that go down after the open, there is often a recovery after about 20 days of trading. Assuming, that is, that is a company/story the market likes. Then there is the insider profit-taking at 4-6 months...and the end of the quiet period...etc., etc. TC.