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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Maakamil who wrote (3510)1/7/1999 9:40:00 PM
From: zora  Read Replies (1) | Respond to of 56535
 
Maakamil,

If you compare other stocks for their movement based on IPO's, you might find that not all things go up. I bought USAI to benefit from Ticketmaster, and ended up holding, even now.

I went to lunch and the IPO came out and the stock started to drop.

Lesson learned? Don't trade and eat, maybe real hard on your financial health.
zora



To: Maakamil who wrote (3510)1/7/1999 10:00:00 PM
From: LTK007  Read Replies (3) | Respond to of 56535
 
Maakamil did you note the huge volume surge in NAVR in upticking in the last 15 minutes--roughly 500,000 shares traded in that time frame---did anyone catch the block sizes--quite encouraging--Max



To: Maakamil who wrote (3510)1/7/1999 10:37:00 PM
From: Trader J  Respond to of 56535
 
Maakamil: You can try it but these net IPOs are unique amongst themselves and determined mostly buy the Inet sector as a whole. On a down day they tank, on an up day, they scream. I would take a quick look and get some mental goals in mind but I would not put too much stock (pun intended) in the research.

Play them minute by minute.

TJ


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