SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: clutterer who wrote (13953)11/20/1998 9:20:00 AM
From: Labrador  Read Replies (2) | Respond to of 119973
 
MALL -- Great Yahoo Post

Free Advice
by: evilgeniusbum (28/M) 1527 of 1596
Free advice for all.
If you don't know what your doing, and don't have any patience, don't play MALL, the shorts will scare you to death. Instead buy a utility co. that pays a nice dividend and sleep well. If you can't figure the math on how the shares of MALL to UBID work, don't play. Find a broker or finacial advisor you trust and let them handle your money. "This ain't your bag baby."
If your betting next months rent. Seek professional help.
If your actually worried about holding MALL long enough to get the UBID shares, your beyond help.
Tomorrow. If your short, i'm sure you'll jump on this beaten down excuse of a wannabe internet stock right after the first pop. Good luck, though wouldn't you feel better about shaving a few more bucks off K-Tel before it's delisted. Someone should make "I shorted K-Tel" T-shirts. Disco is dead.
If your long and a little daring, you'll bet the IPO date won't be announced for a bit in the morning, you'll wait for the shorts to settle the price down and you'll load up the truck.
If your long and conservative you'll just put in a market order for however much you can afford. What's the worst that could happen, you buy at the early high, maybe 28, 29 on the outside, shorts hammer it a few points, IPO date is set, instant pop of a few bucks, maybe more, your back to even.
Worse possible scenario, value the MALL part at $10. Your giving $15-20 for .73 shares of an internet IPO that comes out at $12-14. Not some dog like The Globe or EarthWeb. This is an internet auction site IPO, the hype will definately be on. Plus it's a tangible, quickly growing business you can kick the tires of as it were. You can drive over to Memphis and actually see the packages being shipped. The Globe just exists on a few computers somewhere. No it's not EBAY, different business model, but it'll get those comparisons anyway, and when it does it looks good. If the IPO tanks(fat chance) say it's worth $10, you lose $5 to 10. You still have MALL and it's growing on it's own. Much more likely it's a flyer and sees north of $50 opening day. You make 20-25+. I personally like those odds.
Basically your betting on the internet stocks not having a meltdown in the next 10 days. They may pull back some, but no meltdown. Christmas online shopping is going to be too strong for that.
cont.