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Technology Stocks : CyberGuard Corp. (CYBG) -- Ignore unavailable to you. Want to Upgrade?


To: AJ Muckenfus who wrote (1989)8/20/1998 4:18:00 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 2616
 
Rollie,
Todays close @5 1/4 is dangerously close to margin calls. If CYBG closes below 5 it's gonna get ugly with the margin accounts selling out. That may be where some of the downside pressure is coming from now with the price so close to $5 the smart money is probably anticipating a lower close and getting out while it's still above $5.
Faithful longterm holders will be able to average down when it gets to $2.75 The steady decline since April @18 may have washed out the faithful already but they may like the stock even more at $2.75.
If you liked it at $18 would you like it better at $2.75?
cdaisey@margin-sucks-when-you're-long.com