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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: allen menglin chen who wrote (4945)1/27/1998 3:44:00 PM
From: craig crawford  Read Replies (1) | Respond to of 10479
 
<< Craig, Can you tell us why you started shorting FIBR at 6, instead of 5? Did you see that FIBR ran out of steam near 6? >>

Yes.

<< ? Or you thought FIBR was worth about 3.5--so that might be the support? >>

I think FIBR is worthless. Z-E-R-O

<< It ran up too fast, so it goes down fast! >>

The chart pattern was unsustainable. A nice cup bottom with a gradual rise would have been better. Moves straight up from 2 to 6 are either:

1) Dead cat bounces
2) Manipulation

<< Looks like it won't wait until the end of 98 to reach 3--did you guarantee that? >>

I wasn't feeling too cocky or I would have said 2.