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Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Klempay who wrote (6511)6/15/1998 11:43:00 AM
From: cm  Read Replies (1) | Respond to of 9343
 
<<Kind've OT>> Good Morning, SEEKers...

Maybe it was just that the stock got oversold? Maybe new
money's cycling in because of the weakness in the overall market?
Maybe shorts just got a little too confident and actually started
believing some of the stuff about SEEK being a "trash stock"? Maybe there's A HUGE DEAL WITH CBS on the horizon or DELL
or DIS or WARNER? Maybe it's all just MM's? Or, maybe, this is
a good stock to own and hold as its MANAGEMENT builds,
improves, and positions for greater growth

Hey, whatever. NICE DAY. VERY NICE DAY

I'm sure this is not true of every SHORTER, but it appears
to me that many of them NEVER DEFEND THEIR POSITION
when things are turning against them. They just get quiet...
and move on... because there's always tomorrow... and another
stock they can short. There does not seem to be much concern
about CREDIBILITY... indeed, it appears that when you truck
and trade in extreme remarks about a stock... CREDIBLITY would
be your last and least concern. I've seen some regular SHORTERS now at work over the months since being in SEEK... seen them play
out their absurdly negative comments on Yahoo! and sometimes
here as well. Again, this is NOT TRUE of all SHORTERS, but
some it appears actually rely on the fact that there aren't regulars
on threads... they try to prey upon the newbies by painting the direst
scenarios or sometimes INVENTING NEWS. (Now, it isn't any
better for a LONG to invent news, either.) They count on
investor turnover. And, though we all doubt that such remarks
(extremely positive or negative)
have ANY effect on the price of a stock, obviously some SHORTERS believe that their remarks DO work.

Oh, well. NICE DAY. VERY, VERY NICE DAY.

Best Regards, SEEKers,

c m