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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: AD who wrote (17694)3/5/1999 6:18:00 PM
From: lizard lick  Respond to of 122087
 
Also if you want to understand how hot multimedia interactive training is,, look at the stock of FMDAY, a british ADR,, under a buck,, with numerous deals and contracts, its a losing venture so far. Wouldnt hold this one long if a gun was at my head, however she might do the gapsky for a bit.



To: AD who wrote (17694)3/5/1999 7:26:00 PM
From: Jimmy Dell  Read Replies (3) | Respond to of 122087
 
<<mama bear has put it more eloquently, but here it is--- if too many people bought SEVL purely for the gap play, then their market orders to sell at the open Monday will overpower the new buying. >>

The big flaws with the above and with those who shorted SEVL today were overlooking the huge 20.5 million volume and also overlooking the impact of Business Week on a stock. It wasn't just daytraders buying today who will then sell at the open. There were many many other types of buyers today.

The same will be true Mon. morning. The BW article will be read for the first time by many who got their BWs over the weekend and buy Mon. morning. Also the market didn't have time to react properly to the news today, which came out in the last 5 to 10 minutes of the market. There will be buyers on the news Mon. morning. Also, the fact that this AOL news came out lends credence to the BW article and gives credibiity to the other big predictions for SEVL in that article.

There will be a gap on Mon. morning and plenty of time for shorters to get shares Mon. morning at the higher prices then. It was a mistake to short SEVL today.