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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (23666)11/29/1998 7:41:00 PM
From: mike.com  Read Replies (1) | Respond to of 79270
 
Doug, with all due respect, I can tell you that the long term holders of IATV are not going to be selling any time soon. I bought the stock about 5 months ago and have been kind of a pain in the ass over on the IATV thread. The first thing I learned, which was very heartening, is that they believe in the potential of the company. After learning as much as I could from the true believers and doing my own DD I too am a believer. This stock has the potential to be the next YHOO. Now, as far as what will happen tomorrow or, for that matter, next week, well, I really don't have a clue. But I would expect the long time holders to be hanging on to their shares tightly. Oh, and the interesting thing is that they hold A LOT. Also, there will be no selling by the preferred holders into any rally. The company took care of that by locking them up for the next year so I believe the trading could be very interesting this week. In this market environment the old saying would seem to apply - "you snooze, you lose." Best of luck!