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Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (1881)1/1/1999 9:40:00 PM
From: jjs_ynot  Read Replies (1) | Respond to of 5102
 
Thanks,

I think I will put on a gap-open trade strategy for midday Monday.



To: Mark[ox5] who wrote (1881)1/1/1999 9:43:00 PM
From: Amy2D  Read Replies (1) | Respond to of 5102
 
My opinion on the opening 'GAP' is similar however the mm's will wait to see the selloff which could last for a while. The rest of this week could be very exciting. If the overall Internet Market moves UP!!!!

Good Luck Amy



To: Mark[ox5] who wrote (1881)1/2/1999 10:09:00 AM
From: tom pope  Read Replies (1) | Respond to of 5102
 
Mark, I agree with everything you say, and I was trying to add more DBCC on Thursday by waiting for the pullback. I was pretty confident I'd get one because DBCC has often acted in this way - early gap followed by a pull back. It just didn't happen on Thursday. (The trade at 09:47 for 5000 sh at 14 1/4 was a "Irg Trade").

I should have seen the absence of an early pullback as a sign of strength, and climbed aboard, but I was too dumb to take advantage of it.




To: Mark[ox5] who wrote (1881)1/2/1999 9:51:00 PM
From: Sly_  Respond to of 5102
 
So my advice to you would be this. Decide how many shares in total you want to buy.. for example 400 and split it up into 4 limit orders. Say 100 each at 18 19 20 22. That way you average your cost out and if somehow it just goes up and up (which I doubt, every stock retreats even if its for a short period of time) you at least have some shares

Good post Markox, Darn good post...... It might not be a bad idea for those who are holding and may want to add to their position to place a buy limit order at around 17-18.50, that way one can buy even more shares for the run up.

One other note, someone mentioned about the Kernan effect. FWIW, Joe was very bullish on DBCC Friday afternoon. Remember also, CNBC will continue to spotlight DBCC through the IPO. It's a no brainer ;}

Sly_