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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (4058)10/12/1998 7:04:00 PM
From: NASDBULL  Respond to of 18998
 
The thing about DCLK is that with the low float, any bias to one side sends the stock moving pretty quick.

A bunch of shorts(or sellers) hitting this in a down market could kill the stock.

In an up market it is crazy to short these types of stocks, however, in any market situation like last week this stock will see $13 in a heartbeat. One of these times it just won't bounce back.

SHORT DCLK!!! Dog stock.

NASDBULL



To: RockyBalboa who wrote (4058)10/12/1998 7:22:00 PM
From: NASDBULL  Read Replies (1) | Respond to of 18998
 
CNWK was also downgraded by R.Stephens to buy from strong buy.

CNWK was down more than $3/share or about 10%.

DCLK was still up on the downgrade, but should get hammered tomorrow.

NASDBULL