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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: Bill on the Hill who wrote (9554)8/23/2000 1:04:21 PM
From: yossarian67  Read Replies (2) | Respond to of 24256
 
I hit GGNT twice in the 17's,,,,,,made 5-6 points total on it on 2k, but was hoping for a dip again after the last run-up. Missed this latest surge.....Looks like wireless has shown a little bit of a heartbeat the past few days. Picked up a ton of WMUX at 12 1/8 today thinking it may be due. QP on that one ends Monday.

As usual there were a ton of posts on WMUX a few weeks ago, but nary a peep since...it's a good one and the risk reward at 12 was a good one imo.



To: Bill on the Hill who wrote (9554)8/23/2000 3:50:03 PM
From: Dave K  Read Replies (1) | Respond to of 24256
 
Curious...this IS the "quiet period" which ends in a week. Thereafter it's pent-up news announcement of deals etc. Why wait ?.

I did manage to scate in @ $17.25, judging by the last few days it looks like it sucked up all the momentum folks from the rest of the market <g>



To: Bill on the Hill who wrote (9554)8/23/2000 7:08:42 PM
From: wannaBrich  Respond to of 24256
 
15 calendar days is the holding period (to avoid IPO jail) for Fidelity customers participating in Fidelity issued IPOs. There might be lot of selling, hence reduction in price in those issues after 15 days. I think the other issuers have 30 day holding period. Of course, there are not that many Fidelity IPOs until recently.