Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Creative Computers(MALL) -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (478)	11/23/1998 5:24:00 PM
From: Kenneth Yeh	Read Replies (2) \| Respond to of 1634

Tom, you shorted at 31 1/2? Its closed at 32 1/4 today. Its likely to gap UP tomorrow morning given the strong close today. However, from viewing my Nasdaq II quotes, there were some HUGE bidders at the end whose orders did not get filled. I have a strong feeling that ANY NEWS will bring MALL close to 40. There's very little resistance past 34. Just my opinion. Please do short with care because the market is HUNGRY for ANY INTERNET IPOs. You can clearly see that with CMPL (Computer literacy). There were also some serious shorting today and even with that negative momentum, we still closed up 7 1/2 points. Remember now...we closed 7 1/2 points UP ON NO NEWS!!! Tom, I agree and understand your logic in shorting MALL. However, GREED overcomes all logic and fighting it will only result in losing. This current market is not for the strong minded...its for the strong stomached. Playing AGAINST the momentum will result in another AMZN. Good luck. -Ken