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Technology Stocks : SkyMall (SKYM) -- Ignore unavailable to you. Want to Upgrade?


To: CountofMoneyCristo who wrote (118)12/25/1998 5:38:00 PM
From: Mr. Generic  Read Replies (1) | Respond to of 987
 
I found your detailed posting #118 to dog76 of what happened to SKYM, PCCC, DLIA and MZON very informative and very helpful to me.

If you would not mind, could you please give me your opinion of how the MM's will play MZON on Monday morning?

I left 400 shares long at 30 over the holiday which was probably a mistake but it's only 400 shares and not going to send me to the poorhouse even if they go to zero.

I understand that it would only be your opinion so I'll hold you harmless regardless of whatever actually happens.

Thanks ..... George



To: CountofMoneyCristo who wrote (118)12/25/1998 6:30:00 PM
From: dog76  Respond to of 987
 
I know all that goldie that is why I am long not short nor do I ever go short if you read my post it pertains to believing all you read on these sights and an Amazon deal that know one really knows about the best thing that could happen is a gap like that.



To: CountofMoneyCristo who wrote (118)12/26/1998 2:09:00 PM
From: Fred Puppet  Read Replies (3) | Respond to of 987
 
Goldfinger, you think you're pretty smart to have figured out that I'm short? How ever did you guess? Maybe you read my profile.

Well, Sherlock, I'm a professional short seller. Sometimes I win, sometimes I lose, but on average I win. To be honest, I don't know whether I will win or lose on SKYM. I just play the averages. On Thursday, SKYM was one of the best shorting opportunities I've seen lately.

BTW, you seem to have no clue about how the market works:
"If you paid any attention whatsoever to Level II the last 30 minutes of trading yesterday, you might have noticed that MMs were not selling any shares under 15, and were hitting the inside bid, accumulating around 13. If they were planning a dump Monday they would have established large short positions."

MMs make markets. They buy at the bid and sell at the ask, making a profit off the spread. They don't take and hold significant net positions, long or short. Further, they don't "plan" for the price to go up or down next week. They are reactive, changing their prices based on supply and demand. You must be a real beginner.



To: CountofMoneyCristo who wrote (118)12/26/1998 9:23:00 PM
From: Sir Auric Goldfinger  Respond to of 987
 
Clearly, one of these statements is true:"Incidentally, I want to add that I am in no way related to or familiar with "Auric Goldfinger." Funny, you came here a good year after I did.