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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (6897)1/21/1999 11:39:00 AM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
EBAY - I wonder if anyone's going to find stock to short after about 9:35...

Mach6's Biggest winnners list has mostly small caps on it -not a good sign. It means the gainers are all lower volume stuff that normally gets missed with broad market moves - even incremental gains.

lastshadow



To: Judy who wrote (6897)1/21/1999 11:46:00 AM
From: AlienTech  Respond to of 43080
 
>>ebay's lock-up period is over tomorrow, may be more weakness short-term. <<

Is that what you would call it? With just under 4 mil shares and maybe 1 mil or so floating, I figure just adding another mil or so will tank the price to half. Hope the managemnt is smart enough to realise this but prob not.



To: Judy who wrote (6897)1/21/1999 11:46:00 AM
From: Susan Saline  Respond to of 43080
 
thanks Judy ... think today is the day ... and reason (lock-up) for ebay's weakness. Think this will be the last day of the weakness. I have been waiting patiently for entry bcak into ONSL.
This is a short term trade, not a day trade.
If you might have a stop price in mind? I am in at 43 5/8
and see support on the daily chart at 40