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


To: Fred Puppet who wrote (799)1/2/1999 2:31:00 PM
From: CountofMoneyCristo  Respond to of 987
 
Here we go again. I'm sorry, but I must respond.

I never filed an affidavit stating I would certainly hold indefinitely. As I saw massive SKYM panic-selling, I thought it wise to take profits. They were quite substantial. I think anyone here would have done the very same thing. SKYM came within 2 points of that 50 target.

As for your reference to BIKR: it was an excellent speculation, only NITE did not cooperate and squeeze SELZ. It came as quite a surprise to me. That is the risk you take when you speculate - nothing is 100% guaranteed. However, they were both compelling plays, and I will play similar plays again in the future. BIKR was a small loss, SKYM a huge gain - I feel fine about them both.

As for your calling me a "liar": I suggest anyone who is inclined to look into the history behind the person who makes this ill-advised accusation check the record of posts here since the closing bell December 24. It is not a sign of maturity to allow your bitterness to lead you into attacking me for your failures as a trader:

<To: Goldfinger (84 )
From: Fred Puppet Thursday, Dec 24 1998 2:55PM ET
Reply # of 803

Gap up? Maybe a little but I think this one is dead. Afterall, it's up on speculation, not on any news. Lots of those speculators who bought today are losing pretty bad and will be itching to get out if they can get close to breakeven, so that will lead to heavy overhead resistance in the mid teens. Are you joking, or do you really think that because it ran from $6 to $12 1/2 today on no news, traders will want to pay $20+ on Monday? I'm at a loss to figure out who didn't want to buy yesterday at $6 but did want to buy today at $12. It's even harder to figure out who didn't buy today at $12 that will buy Monday for $24.

P.S. I notice another contrary indicator: gorcon is posting here!>