Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (41674)	3/25/2001 2:02:03 PM
From: Zeev Hed	Respond to of 56537

That does change the story a lot, it means that the current H7S formation might not be a head fake, "they" still may run it to the 40' before they are ready to dump, they are pretty good at engineering these moves, look at CPST before its lock up expired they run it back up very nicely, then, "kaboom". Zeev

To: LTK007 who wrote (41674)	3/25/2001 8:07:51 PM
From: ajtj99	Read Replies (1) \| Respond to of 56537

Max, the key to the KREM lockup is how many options are vested and who owns the locked up shares. I took a look at their filings just before their IPO, and it was just too much information. There are too many people who own 300,000 shares here, 200,000 shares there, and so on. Only one real large holder. My guess is that 10% of these shares will be floated. Are you sure the lockup is not 7-million shares? They just had their secondary, I believe, and that would have reduced the number of shares under lockup, resulting in the discrepency. From the looks of things, the lockup expiration may put some pressure on the stock shortly afterwards, but the full brunt should not be felt unless the general market drops a couple of weeks later, IMO. That's been my experience recently, anyway, when the market is in an upturn. This is an $18 stock that would not drop for a year. Maybe soon the market will put things back in perspective. I looked to short it last summer, but realized that the lockup was a long ways away and the stock was incredibly resiliant. I shorted STOR instead. Good Luck.