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Non-Tech : SATH - Shop At Home -- Ignore unavailable to you. Want to Upgrade?


To: RavenCrazy who wrote (537)2/7/1999 8:06:00 PM
From: ztect  Read Replies (1) | Respond to of 1329
 
Raven...I don't have a position in SATh...seems like there is a lot of enthusiasm for SATh on Yahoo though...

Per my experience...this is my take on the trading of SATH based on similar patterns I've seen....though with internets...you can never tell...they act pretty wacky at times...

The following was a post to someone who was fortunate to buy SATH at 6..

Re: SATH...w/o knowing too much about the stock....the "big" news should stir interest at least till close Tuesday...There may be a sell on the news scenario...so I'd probably pay careful attention to the size of the opening day gaps as an indication to sell...especially on Wednesday morning....

If there is significant before the bell, trading pushing the price up 20% or above...I'd sell into the gap....and not look back especially if my buy-in price was 6 like yours....I'd at least cover my costs and then set stops and limits for my remaining shares.......

See when to sell that hot internet stock story ...click link..

Message 7448924

Note the the first 1/2 hour or so at opening gets all the the people who buy the "sucker" gap......so stay home and watch freerealtime.com
or

wallstreetcity.com

which reports the last ten trades in real time if you don't have Level II....from the opening bell to at least 10:30 am on Tuesday and Wednesday morning......to feel comfortable......

Plus don't get TOO greedy......6 to 30 or 35 is pretty damn good....

Be happy and look for some other lower price issues that will be the next SATHs......or DBCC's or JBOH's...et cetera

I'm currently researching another one that I think fits that description and will post this pick after I take a position in the Gulag....

z...the anti-guru



To: RavenCrazy who wrote (537)2/7/1999 8:11:00 PM
From: tincup  Read Replies (1) | Respond to of 1329
 
Anyone shorting SATH at this point in time in my opinion is making a serious mistake. Long on SATH with good reason........
tincup