SI
SI
discoversearch

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 : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?


To: T Bowl who wrote (8787)2/16/1998 12:25:00 PM
From: Craig Schilling  Respond to of 11057
 
TB

If you've been a SI subscriber for a while now you'll realize that if everyone is positive the stock is done going up. We need negativity because that means there are a lot of players not in the stock or short the stock (why they are going short now I have no idea after the drop). In the longer term this results in higher prices when the company begins to perform. Right now we're in a new trading range between 15 and 24. I feel only fundementals will take us out of this range whether it be good or bad.

Craig



To: T Bowl who wrote (8787)2/17/1998 11:02:00 AM
From: Daniel  Read Replies (2) | Respond to of 11057
 
> If the stock's going up, it must be a buy.

By what logic do you arrive at that conclusion?

(Right before a stock's peak it's going up, but certainly isn't a buy then.)

Daniel