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Technology Stocks : LINK Interlink Electronics PC Imput Devices -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (85)12/18/1999 11:43:00 PM
From: Shtirlitz  Read Replies (2) | Respond to of 97
 
Auric,
I've never had any doubt that if you think LINK is garbage, then it is garbage. I would be the last person to take the opposite side of your trade.
My point was that the momentum in it was very strong, and it makes very sharp moves on small volume. From my point of view it's dangerous to short flying turds like this. I got burned a couple times before, and I don't want to make the same mistakes again. Now I open a short position in this type of stock only after the general public view on it starts changing. Maybe it is less profitable, but it is much safer.

BTW, during the past week I have noticed that BBRS started coming out with upgrades, price target increases, rating reiterations, and immediately after this those stocks sell-off. On the same day, or on the very next day. Even the quality companies, like SNDK. Is there something going on behind the scenes? Is Bank Boston selling in volume? Might be a sign that the Nasdaq correction is near. Just an observation.