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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: DownSouth who wrote (12492)1/6/1999 12:39:00 PM
From: capt rocky  Read Replies (2) | Respond to of 93625
 
first of all, now that your in rmbs,change your handle to "up south"
wait for the 3 0'clock pop. new highs are hard to sustain without a little profit taking. early vol. showed fund money.if we don't sell they will have to chase. mm's started new call options today.
jan. 110---115 and feb 110 ----115. hugh premiums. tempting, but i'm holding. milehigh might sell some though<ggggg> rocky



To: DownSouth who wrote (12492)1/6/1999 4:41:00 PM
From: Al Serrao  Read Replies (2) | Respond to of 93625
 
DownSouth, good observation. Volume has been going down for weeks while the price has been rising. Normally I would be leary when this occurs. But, I believe its do to another reason. The float is shrinking. Which means? No one and I mean no one is selling. Which leads to? More shorting by M&M's to supply more shares. Which leads to? A short squeeze or more volatility as the M&M's try shake loose more shares. Which means? We're going higher. Much higher. JMO.