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To: Clayton Eley who wrote (455)5/5/1998 11:50:00 AM
From: DutchDT  Respond to of 658
 
Well, my trade went through on a downtick.

Shorts can only open a position on an Uptick. (?)

And I am sure that when a company releases shares into the float,
it can only happen on an uptick as well. (?)

I am not sure about this, so someone check me. Thanks.



To: Clayton Eley who wrote (455)5/5/1998 12:06:00 PM
From: Mark[ox5]  Respond to of 658
 
Clayton, good question....

THis is why it would be nice to speak to the head honcho, and get clarification.. but all we have is an answering service..

Still adding.. .50 is a joke..

Mark



To: Clayton Eley who wrote (455)5/5/1998 12:50:00 PM
From: LaShark  Respond to of 658
 
Doubtful since good news is coming from what I understand. If they were going to issue more shares, think they would wait till after the good news. 20% of the float has traded today and I doubt many are selling at these levels.



To: Clayton Eley who wrote (455)5/5/1998 12:52:00 PM
From: Ga Bard  Read Replies (3) | Respond to of 658
 
Clayton ... Look at the trading log.. They took in down on any 2500 blocks. Heck I fill on the way down.. I got more at .50 ... This is what is call a share. They even got some that sold at .375 and I KNOW they took a MEGA loss. Like I said if you do not believe in a stock you should not own it.

The MMs read this thread do not kid yourself. These threads are their own worse enemy. Not to mention day traders. That is why you DO NOT load up on a stock so you can average down.

GB