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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Stephen who wrote (940)7/29/1998 3:18:00 PM
From: Dale Baker  Read Replies (2) | Respond to of 2752
 
TSQD is a BB stock; most small investors can't short it. Any action you see will be MM's taking advantage of whichever way the herd runs. They don't care which way as long as they get volume.

But most big gainers gap the next day to catch the headline readers who saw the gain overnight. MM's will short into the opening trades and cover on the pullback.

MM's get to do that. We don't with BB stocks.



To: Stephen who wrote (940)7/29/1998 3:27:00 PM
From: lazarre  Read Replies (1) | Respond to of 2752
 
Bad timing, I think, Stephen.

IMO, shorts will not begin coming until after the IPO. It would be phenomenally risky to do so in this environment where the underlying momentum still favors the sector.

Lazarre



To: Stephen who wrote (940)7/29/1998 4:16:00 PM
From: blankmind  Read Replies (2) | Respond to of 2752
 
...got out ... - stephen

- high volume (record today?)
- rising price in a down market
- new high
- driv ipo next week

seems contrary to sell. good luck.



To: Stephen who wrote (940)7/29/1998 7:59:00 PM
From: Ron Harvey  Read Replies (1) | Respond to of 2752
 
<<.but at this level, the shorts will start eyeing it up >>

With the DRIV IPO coming up? There are better ways for shorts to capture adventure than to leap in front of a speeding train.