SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : GWRX Leader in Smart Phone Market -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (760)2/17/1999 8:24:00 PM
From: Jose Matos  Read Replies (1) | Respond to of 960
 
Instock, lets be serious for a second. GWRX has seen the highs. It couldn't break 7 1/4 on the biggest volume it's seen in years.
It couldn't even close above the $6 level set just a last month.

Face it, the daytraders are the reason for today's 55% spike. Now they'll be the cause for the 50% retracement.

I'm not bashing the stock. It's a very nice daytrade. Just not a long term hold.

Disclosure: Short at $7 flat. (yes, I know I got lucky).

Regards.
Jose.



To: Instock who wrote (760)2/17/1999 9:06:00 PM
From: Greg Rich  Read Replies (1) | Respond to of 960
 
Not a silent thread, just a group of trampled long-term longs. I originally bought my shares of GWRX (the first lot anyway) at $24. It is going to take more than $1 and change move to get me very excited about the stock again.

Silent, but not ignoring,
Greg