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.

Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Fahmy who wrote (9734)	2/13/1998 11:35:00 PM
From: Gameboy	Read Replies (1) \| Respond to of 13925

Rapid Run-up a No-brainer CREAF has about 90,000,000 outstanding shares and averages over 1,300,000 shares/day (in contrast Toronto Dominion, TD - owns Waterhouse Securities - has 300,000,000 outstanding shares and averages less than 30,000 shares/day). CREAF is a haven for short term investors. Short term investors will buy today if they think they can sell tomorrow for a higher price. Also, they will sell today if they think they can buy tomorrow for a lower price. The global dissemination of information because of the internet, plus the minuscule cost of trading, has hyped this rapid response to perceived cues because the last to board the elevator, up or down, pays the ticket.. The opinions expressed on this forum, and others, have a huge effect. These opinions quickly become conventional wisdom. As CREAF wafted down to 18 1/2 wasn't everyone waiting for CREAF to hit bottom and bolt back up? That's exactly what it did. We didn't really surprise ourselves, did we? Best of luck, Steve