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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: joe who wrote (22003)9/22/1998 11:46:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 45548
 
joe and all,

the MM will be needing shares like the got today. they lowered the bid 10 minutes before the bell so they could shake some shares and buy them up below 32 1/2. they will try the same sh*t tomorrow.

we will gap up on the open and they will start to drop the price through out the day buying up shares on the dips and then selling them back after the raise the ask. this can mess with your head if you let it but know that if you sell thinking the profit takers will sink the stock you will be kicking yourself in the butt come friday when we are near 40.

*** remove any stop losses *** if you set a stop loss close enough they will lower the stock and take your shares.

joe, IMO buying this stock on any dip (IF WE EVEN HAVE ONE) is a smart move.