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Technology Stocks : SFLK -- Ignore unavailable to you. Want to Upgrade?


To: Clidec who wrote (321)2/1/1999 3:03:00 PM
From: Andrew H  Respond to of 1591
 
cj, what do you see on level 2 that makes you think 11 soon?



To: Clidec who wrote (321)2/1/1999 3:14:00 PM
From: Eric Fader  Read Replies (1) | Respond to of 1591
 
Well, I don't know if I agree with the "over 11" hyperbole any more than I agree with Lucky. Do you have a basis for believing that there will be news tomorrow?

BTW, I don't have anything against Lucky, personally, and I'm sure that he does "usually" know what he's doing. In this case, I have reason to believe that he's wrong, or at least premature. He's also wrong to think that the typical SFLK holder is a momentum player, because I think that faction departed last week. But I do wonder whether Lucky is an individual, or whether he's connected with something larger, like a MM or a short-selling Canadian brokerage like Yorkton Securities. My point is, we've had a relatively easy ride from the low numbers to the 8 neighborhood, and the next few points may not come as easily now that SFLK has hit the shorts' radar screens. The volatility last week will undoubtedly be repeated a couple of points higher, as MMs try to shake shares loose. I do not intend to give up mine that quickly, and I think much of the Hot Tub contingent (they know who they are <gg>) is also too sharp to cower in fear of someone just because he uses the word "short." This ain't WCTI, kids, this company already has a product out there and, unlike WCTI, is not using 3 or 4 promoters with Internet "newsletters" to push the stock price up.