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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Apache Indian who wrote (2674)12/22/1998 9:50:00 AM
From: James H. Irwin  Respond to of 4903
 
My take on UBID is it is up because there are only 1.5 million shares floating and either market makers are short to customers and had to "reel them in." Since most brokerages won't let you short these stocks the only ones who can are market makers...and that is in order to maintain orderly markets...an oxymoron in this case. Therefore once the forced buyins subside, beware.

I have not played UBID at anytime, long or short.

As usual, bonne chance.