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Technology Stocks : Sipex (SIPX) -- Ignore unavailable to you. Want to Upgrade?


To: John Ritter who wrote (77)1/1/2000 2:26:00 PM
From: SAMSARA  Read Replies (1) | Respond to of 96
 
I don't know if I would be too upset with missing selling
at 27... This has no signs of a pump and dump... There
was just a wild buying binge at 15 minutes before closing..
Now why would someone time it like that? I doubt it's pure
coincedence... My guess is that there is some major news and
whoever it was that was on the buying binge believed that
they would be making money over 27. I think that 50K shares
had changed hands until then in the day, then in 15 minutes
350K shares were bought. I tried to sell half at 24.5, but
it was just at closing, and the order wasn't picked up. I
suspect in the long run this may be good luck, not bad. The
only *RUMOR* I heard which kind of makes sense for this kind
of a pop is that SIPX may be bought. If this is true, the
is likely to be another 8+ point gain upon announcement.
Well, best of luck whatever happens.. I've cleared 2/3 of my
sipex position over the last year (did well on all), even if
I could sell on Monday at 24.. this would be better than
anything I expected. ...... Later.... Samsara

... I'd be interested in any speculation you have to the
huge price run...