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Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?


To: Z Analyzer who wrote (1590)2/5/1999 3:56:00 PM
From: Howard Hoffman  Read Replies (2) | Respond to of 7772
 
Glad you made money. Sorry you got faked out. I almost did. What gave me courage to hang in there was the lack of volume on Wednesday. Just like someone else said, Pump & Dump. Stimulates short covering, especially in a volatile stock like EBAY.

Lots more downside potential here. After EBAY hits 190, look for a sucker's rally as another opportunity to short again. Then after it breaks through 190 the second time, look for a 2nd sucker's rally. You can short this stock a bunch of times. Not since Presstek have I seen such an overpriced stock.

The demise of PRST triggered a severe market correction in the hot stocks of summer '96. Will EBAY trigger the the severe market correction in e-stocks of '99?