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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (58585)8/14/2000 2:13:01 PM
From: rrufff  Read Replies (1) | Respond to of 122087
 
Truthseeker,

You may want to check out BIFS. Being hyped & pumped all over the place. They just filed a 10Q - 1/2 billion shares outstanding (after a nice 100:1 split) Almost no sales, was a sewerage treatment company and now suddenly is a wireless company which will (it is claimed) blow away QCOM, T,NOK, MCOM, etc. RB board got about 1000 posts this morning as it went from 1 to 1.625.

Being pumped on every wireless board. I'm trying to find shares to short.

Regards,

RR



To: StockDung who wrote (58585)8/15/2000 1:47:34 AM
From: E. Davies  Read Replies (1) | Respond to of 122087
 
Your detailed efforts are much appreciated. In general and in the case of SCII.

So now we *know* SCII is a pos. (Anybody with common sense already *felt* that is was). I'd say its worth $2 and I'm being generous.

I'd like to see opinions on how best to handle it. I feel this stock might still have a lot of possible pumping and crashing before it finally settles where it belongs. After all it has lasted this long hasnt it/

I'm guessing that the time before the merger will bring a frenzy of buyers and that the merger itself will set a top. I've got a lot more research to do before I can really say.

For now I've shorted a very small size (200 shares @22) just in case it only goes straight down. Otherwise I wait for the hype. I hope it comes. Opinions? Anybody think it goes straight down from here?

I think when I look more closely I'll decide that SCII is one of the best short & holds left in the market.

Eric