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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?


To: Charles T. Russell who wrote (486)4/15/1998 1:32:00 PM
From: Roger Bodine  Read Replies (1) | Respond to of 4761
 
Kevin, at present, the volume seems to have slowed and is 1,280,000 going between 6 1/4 to 6 3/8. So do you have any comments about all the shorts having to cover and the price may rise now because of this?
I'm asking because I don't have the experience. Thanks in advance.
Roger



To: Charles T. Russell who wrote (486)4/16/1998 9:21:00 AM
From: LAWRENCE C.  Read Replies (1) | Respond to of 4761
 
It could be a buying opportunity but with volatility like this it is hard to be sure whether this is the low.
I'm long on IFLYW.
I'm considering buying back into IFLY or buying more warrants.
I'm also considering selling some IFLYW and trying to buy back lower though that is always risky. It could move up just when you want it to move down.
I'm also considering waiting to see the trend.
Lucky Lawrence