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Pastimes : The Rocketeers Corner -- Ignore unavailable to you. Want to Upgrade?


To: Little Engine who wrote (316)7/1/1998 12:22:00 AM
From: Mr. Forthright  Read Replies (2) | Respond to of 378
 
I insist. I would like to add to my RHA put option position. Have you cornered the market? Or are you suggesting that the premium on theses options just make them unaffordable?



To: Little Engine who wrote (316)7/1/1998 8:13:00 AM
From: Secret_Agent_Man  Respond to of 378
 
EarthLink (NASDAQ:ELNK) sets 2-for-1 stock split

Reuters, Wednesday, July 01, 1998 at 07:20

PASADENA, Calif., July 1 (Reuters) - EarthLink Network Inc.
said Wednesday its board had authorized a two-for-one stock
split, payable July 20, record July 15.
The split will increase the number of outstanding shares to
about 28.3 million, said EarthLink, an independent Internet
service provider.
nyc.equities.newsroom@reuters.com))

Copyright 1998, Reuters News Service




To: Little Engine who wrote (316)7/1/1998 11:07:00 AM
From: WRAP_IR  Respond to of 378
 
Fear and Greed

You can't beat em. I've recently started gazing at the rocketeers info and to date, I'm not sure if I can throw the blame on them. You have previous shareholders and CEO's of companies that suck. They are going nowhere and even though the ideas are ok, they have left there stocks go to hell and for the mostpart are non-reporting BB companies.

So, you get a bunch of people jamming a stock threw the roof. Now a CEO with 5,000,000 shares (hypothetical number) at .05 can't pay off the house, send the kids to college or do much of anything. So these guys jack a stock to 1.625 and this guy is worth over $8 mil overnight. Fear got him to where he was and greed let him cash in at 1.625.

It is no wonder the stock is down -- people are greedy and that's ok, but to start blaming people for a stock price drop is ridiclous. All of these stocks should be a nickle at best. Bad trading causes losses not promoters -- investors should no better -- money can be made -- but greed sets in during the euphoric rise and nobody cashes in -- now it's SELL MORTIMER --SELL!

Fear has now set in and the finger pointing starts

It's hillarious -- but it's not the rockteers fault -- it's the sacraficial lambs known as investors -- whether they admit it or not, they know better -- greed got them to buy --now it is fear that is losing them money