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


To: MileHigh who wrote (14769)1/30/1999 5:40:00 PM
From: capt rocky  Read Replies (1) | Respond to of 93625
 
IBD, reduced the "accumulation" rating on rmbs to"D". that means it is under heavy selling pressure. no kidding! mile may be right, we may be getting margin calls on rmbs(or other stocks that are tanking and rmbs must be sold to cover other positions). the whole house of cards will unwind in a senerio like that. all this good news and still declining. catch the falling knife? i'll try.
limiting margins may be the way of big brokers letting their clients know to take a little off the table. in effect making them take some profits to cover margins. lets see if the penguins follow suit. capt. rocky