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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?


To: MR. PANAMA (I am a PLAYER) who wrote (2190)9/13/1998 11:54:00 PM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 3183
 
I agree, Bateman. I have shorted XCIT near $30 TWICE now, and cover near 24 TWICE. Some stocks don't move like that in a year, whereas this one does it in a day!

Hell, it's gambling, but it sure is fun and profitable! I'm actually holding a "long" position over the weekend -- bought at the close on Friday.

While not always a prudent move, I felt I could hold over the weekend. I'll add on if it dips more, but I really don't think so. Next stop $30?