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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: devil ray who wrote (44312)4/14/1998 5:19:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 61433
 
Devil Ray, take a chill pill.

You are right. The mm's manipulate this stock like crazy. No two ways about it. They've hosed me plenty of times, but I'm trying not to let them anymore.

The "sell off" at the close was on literally no volume. As was the morning sell off.

My advice: don't over margin on this stock and always have some extra money around. Also, never hold options into expiration week for that month. They have way too much control.

BTW, it was totally Inca that hosed us today. They sold heavy into the close.

I still don't think they'll be able to stop this juggernaut tomorrow. Intel will lift the Nasdaq 30 points tomorrow.

Done deal.



To: devil ray who wrote (44312)4/14/1998 5:21:00 PM
From: gbh  Respond to of 61433
 
These are questions that all the overly optimistic people here must deal with in reality.

My don't you and Jeffery Vince go and deal with these profound questions in your own version of reality. When you have them figured out, let us know...



To: devil ray who wrote (44312)4/16/1998 11:40:00 PM
From: username  Read Replies (1) | Respond to of 61433
 
Hey DevilRay, thanks for the post. Listen, I'd like to ask a couple of favors, OK? We try and keep the discussion limited to ASND on this thread. Now, I'll be the first to admit that I step out on the edge on a regular basis, but if I have a different stock to talk about, I go to that thread. So help us out here and do the same, OK?

Secondly, it seems that there is a lot going on with the movement of the stock that you don't understand. You think the market makers are screwing with it, etc., etc. You may not understand how this all works. You are not alone. In fact I've noticed that when I'm confused about something, I feel nervous. Perhaps your nervousness is due to some missing information. If so, just calmly ask a brief question, and you will probably get an answer, or a direction on where to go. That way you can avoid appearing like you are changing your mind every couple of hours, which can get annoying for others, who think maybe you are not paying attention. Lots of us hold the stock overnight.

thanks, pete