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Strategies & Market Trends : QXLC<----The SG COWEN SCAM of 2000!! -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (6)	4/6/2000 10:23:00 PM
From: Lucky888	Read Replies (1) \| Respond to of 26

QXLC -- You really went long on it? Unreal.... Read the posts and links on the thread. This is NOT a good long. L.

To: ms.smartest.person who wrote (6)	4/6/2000 11:47:00 PM
From: Street Hawk	Read Replies (1) \| Respond to of 26

"NEVER, NEVER buy on the open!" Very true, indeed. Unbelievable how many times the open ends up being the high for the day, probably about 2000 standard deviations away from randomness. QXLC was pimped out so bad, I still can't believe it was up over 400% at one point, I thought it might have been a mistake because I didn't see till right before the open that it had split 3:1 since it was so high. Timely recommendation, right after lock-up expiration! I bet a lot of suckers bought this looking at the Yahoo Finance chart and got handily raped after realizing they had just done a 3:1 split. If there is one thing to remember about investing, remember that ALL ANALYSTS ARE WHORES.