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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: R. Jaynes who wrote (12679)3/10/1999 9:37:00 PM
From: steve  Read Replies (1) | Respond to of 26039
 
Rick,

Another possible reason?

I believe someone posted something to the effect (please don't shoot me for my lack of understanding...) That by buying the high, sets up the price to open lower the following day, making for a down tick. I can see what that might look like for someone that doesn't follow time & sales or that knows about Mr 4pm. Watching a stock that opens in the red everyday wouldn't instill too much confidence for a potential buyer. Last time I checked close to a million shares on the short list. It seems to me, that would be the picture I would like to see if I were an evil scum sucking shorter(no offense intended;-}) especially with the low volume we've been having.

If my interpretation is incorrect feel free to set me straight!

steve

ps, Buck, Don't be such a stranger, a just to say howdy once a week check-in would do it:)



To: R. Jaynes who wrote (12679)3/11/1999 6:46:00 PM
From: Steve Felix  Respond to of 26039
 
Rick, Actually it's me. I shorted 50,000 shares at $10 ( my good friend Bill G. lent me the money ) so I could take the wife out to eat every night for a year or so. Sometimes we sneak through airports and fly to distant McDonalds for free! Sometimes we get caught and I have to buy 200/300 shares to pay the fare. I could close my position now, but I'm afraid of leaving too much money on the table.... Everyone is changing their name. I'm jealous. I've been thinking of jokes.thefunnybone.com What ya think? Steve