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 : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Original Mad Dog who wrote (15851)	12/4/1998 5:41:00 PM
From: John Goode	Read Replies (1) \| Respond to of 27307

Still a lot of daytraders trying to run this thing..Once this thing starts to move a little on the updside, more day-traders pile in a push it higher, causing some shorts to also panic and cover. Problem is, large holders are likely doing a lot of dumping (hence the lower lows, and lower highs each day). Any run up will be used as opportunities for more selling. Both longs and shorts are playing with fire (longs because the momentum has lost steam and the bottom could drop out, and shorts because you never know when/if this stock will take off again). All of this is IMO, of course.