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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Susie924 who wrote (9590)3/7/2001 10:41:20 PM
From: Bernard Ng  Read Replies (1) | Respond to of 11130
 
I think it will act like KCIN... but Andresson is a star, who knows, just watch L2 for the action of the underwriters, they are the ax for sure, just follow them IMHO. Hopefully, they will sit at the bid to push LoudCloud to da moon LOL... but LoudCloud is not making net profit either... in this market... that's a poison pill. Hopefully the FOMC meeting will help LoudCloud, I like this whizkid.

Bernard



To: Susie924 who wrote (9590)3/8/2001 7:13:56 AM
From: ChrisJP  Respond to of 11130
 
Hi Susie, LoudCloud will be an interesting test of the current IPO market. My understanding is that they are buring through a lot of money, so my guess is that it won't do much today. But we'll just have to see.

With IPOs the big thing to watch out for is the lockup expiration, which is usually 6 months after IPO. That's when the insiders get to sell. Look at OTWO to see what I mean.

JAKK -- I feel honored to own a stock with growing earnings, with a PE of 7, that beat its lowered earnings estimates, and still traded down ! lol. It was almost like someone was trying to force JAKK to close below its 50 dMA, which is interpreted by many as a sell signal. Ummmm .... sell a growing stock with a PE of 7 ?

quote.yahoo.com

Hard for me to think with the forecast they gave that it'll stay below its 50 dMA for long. But that's just an opinion.

Regards,
Chris