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Non-Tech : NATIONAL RECORD MART (NRMI) -- Ignore unavailable to you. Want to Upgrade?

To: Ginco who wrote (22)12/2/1998 11:49:00 AM
From: Fred Puppet  Read Replies (1) | Respond to of 34
 
Buy the rumor, sell the news. The problem here is that the rumor was so widespread that too many people bought the rumor. Like you, they were waiting to sell at $18-$19, and some were hoping for more. Now those speculators are stuck holding shares that they were planning on dumping during the big run up. With a large supply of short term speculators looking to sell, we should drift lower during the next week.


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