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


To: sam who wrote (2845)12/26/1998 1:53:00 PM
From: Colin Cody  Read Replies (2) | Respond to of 4903
 
Re: You were long. You very recently sold. And now you would like to buy back in at as low a price as possible... ;)

...and what's wrong with that?

Competitor uBid recently dropped $66 in one day. Few stocks go up in a straight forever.

The last week of the year can have strange effects on stocks. People may want to close 1998 either holding... or NOT holding certain stocks. Some people may want to recognize a tax LOSS, while others may want a tax GAIN.

Should be a volatile week for ONSL!




To: sam who wrote (2845)12/26/1998 7:52:00 PM
From: Jazz102  Respond to of 4903
 
I interpreted that post to mean the writer was incredulous that it had fallen back to thirties after hitting 100+. That's why I advised due diligence.
Don't think tulips, think day lillies. ONSL saw one bud blossom, and fade quickly, but remember there are many more buds on the plant that have yet to bloom. I am long at 20. I wish I had sold on the run up. There's nothing so satisfying as riding a stock up several times within a trading range and doubling or tripling the potential gains.
JAZZ