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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: MileHigh who wrote (7836)10/3/1998 1:35:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 93625
 
For Rambus traders only (long term investors please disregard)

FWIW, there is one thing that has always irritated me about this stock.

I keep a spreadsheet with daily closing, opening and price changes on this stock. I know a chart does the same thing, but sometimes the numbers give you a better picture.

Since Rambus came public, with few exceptions, this stock never goes up more than two days in a row. It's uncanny.

So, FWIW, if you see two up days, SELL. You'll have a chance at least the next day, to buy it back cheaper.

Not that I've done this, but it really is incredible how there is little day to day momentum on this stock. Just intraday.