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


To: Tom Hua who wrote (514)11/24/1998 4:19:00 PM
From: drakes353  Read Replies (1) | Respond to of 1634
 
1. At what price would you buy UBID on the first day?
2. At what price would you sell UBID?
3. Assuming UBID was shortable on the first day, at what price would you short it?


"Market", "market" and "market". ;-)




To: Tom Hua who wrote (514)11/24/1998 4:31:00 PM
From: RockyBalboa  Read Replies (2) | Respond to of 1634
 
Tom, a honest answer from a (long) daytrading...

Your questions: and answers:

1. $30-34 (presumably, uBID can open at 55-65).
2. a) $48-50 if I boughts earlier
b) into the open, if pieces are from the ipo and
3. a) right into the open regardless of price if price is >60
b) if the price is not > 60, watch and 10 minutes after the open, regardless of price if it is >50.

If Mall can to to $45 implying a price of UBid 50ish, Mall it will be a short target at that price.

Now another question: Do you expect Mall trading at a discount and how much?

C.

(I did not dare to short MALL, now too hot. I only short non-internet stocks prsently with much less attention, in hindsight it is also possible to earn on the trading short but it is really gambling and the odds aren't on your side, no idea how high it goes).



To: Tom Hua who wrote (514)11/24/1998 4:43:00 PM
From: Kenneth Yeh  Read Replies (1) | Respond to of 1634
 
Tom, here's what I'd do on IPO day.

I'd buy UBID up to $40 limit on IPO day if possible.
I'd short it (fearfully) at $120 and stop out at $130.

I'm expecting UBID to open $75 or higher.
I'm expecting UBID to close around $90-$100.

Just my opinion given what I've seen from TGLO, EBWX, EBAY, etc and from what I think people are expecting out of UBID.

-Ken