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


To: CoffeePot who wrote (640)12/29/1998 8:42:00 PM
From: coachbobknight  Read Replies (1) | Respond to of 987
 
skym will return to LESS than 20 bucks per share<i don't know when or in what fashion but every person on this board KNOWS this to be true>...it is even likely that we touch 10 before the downside carnage finally abates...whatever gap<if any> will be heavily shorted...today was the last day of gains...

fwiw, the only reason we reached this level is that MANY people shorted this too early... at 20, 25, 30 and 35...so we've had a false rally fueled by short coverring...

all the longs are praying for it to stay up above 20 until jan.1 arrives...these people have large gains that they do not wish to realize in 1998...once the drop starts, it will turn bloody very quickly...

yours with a chair,

coach knight