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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (68054)1/27/2000 2:20:00 PM
From: puborectalis  Respond to of 108040
 
From YAHOO: Let the Lockup Games Begin

By James J. Cramer

The game of chicken over Internet Capital Group (ICGE:Nasdaq - news) is about to begin. The insiders will be free to sell a lot of stock. Their cost basis is so low how can they not? But ICGE is a B2B mutual fund with a brain. It has stakes in a ton of companies. It is doing everything right. We remain long Internet Capital, but it is just like this era that the key decision about whether to hold or fold hinges on something nobody knows: The propensity to sell among a group of faceless institutions who aren't going to tell us anything. This lockup expiration game is so, so tough. I waited for Tibco Software's (TIBX:Nasdaq - news)lockup expiration to occur not realizing that the stock had already bottomed in anticipation of the expiry. But I ignored an Ask Jeeves (ASKJ:Nasdaq - news) lockup and got my head handed to me. Rough game."

Canada_Mac



To: Bald Man from Mars who wrote (68054)1/27/2000 11:12:00 PM
From: SirRealist  Read Replies (1) | Respond to of 108040
 
Agreed, Bald Man.... re: Cramer

He's a great read; like his style. But he never gave me a penny of advice that lined my piggy bank.

I can get a great read - without gainful stock advice - for free from Christopher Locke at Entropy Gradient Reversals. TheStreet.com is simply a good series of short stories, in my book.

For all the criticism I've heard about him, the freebies posted by Tokyo Joe have made me serious money on more than a few occasions. Kensey at Clear Station, Greenbackers, Wall Street Hero, The Lion ... all have proved useful in my trading.

I like Cramer's attitude, though ; maybe it's just our trading styles conflict.