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Technology Stocks : Cobalt Group-(CBLT) -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (121)4/25/2000 1:13:00 PM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 141
 
I sold the remaining 90% of my shares this morning at $11.

Please re-read my post last night. I said I sold "shares". not all my shares. Go to the Nasdaq website and review last nights after hours price and volume action. You will see 1K shares going off at 10.25. That was me.

I sold into today's classic "fade open". MMs typically mark up shares at the open if they think they can sucker eager beavers into believing the market is reacting very favorably to earnings news. The price just "fades" away the rest of the day. Pull up a day chart...I'm sorry, that's giving you advice, which you won't accept.

I agree not to give you investment advice, you are just too inflexible. But trust me when I say you really need advice from somebody.

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