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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: virgil vancleave who wrote (12989)8/19/1998 10:37:00 PM
From: JOHN CHEN  Read Replies (1) | Respond to of 18691
 
LCOS shot up to 71 after hour.... and remember LCOS stock split date is 8/24, Monday.... between now and then, I expect lots of buyers.



To: virgil vancleave who wrote (12989)8/19/1998 11:24:00 PM
From: put2rich  Respond to of 18691
 
virgil,
Wish that your bearish analysis for the market in general and lcos go the way you want. Even if lcos rises tomorrow I believe would be small and many who bought higher will dump it.
In the case of AOL I watched instantly and have two impressions: 1/ if Dow is up aol is up more, 2/ sometimes ask price just runs away much higher and bid is lower then a big gap for couple of seconds then a lot of trading in the middle. This is not Naz but clearly some kind of manipulation which I don't understand and favors a short squeeze.
LSI gave warning and semi will be hard hit, for internuts I don't know but that depends on the market in general.
Good luck,