SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Mitchell who wrote (7032)8/3/1998 10:07:00 AM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 10786
 
This TEDeffect thing ought to be patented:

Let me see if I understand the current situation regarding the TEDeffect. Because tomorrow is the third day after TEDennis bought, the price will go below his buy-in price of 13 3/4. Then, because he sold today, the price next Tuesday will be back over 15, his sell price. Maybe TEDennis has found a way to beat the TEDeffect-- day trading! I just hope he picks a different stock (gg).

Sure enough, on Friday the stock hit 13. Now, if form holds, we should be back to 15 by Tuesday. Not looking so good at the moment, but the forces at work here are too powerful to ignore (g).

- Jeff