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.
Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook -- Ignore unavailable to you. Want to Upgrade?


To: Bear Down who wrote (2269)3/13/1999 1:48:00 PM
From: David M. Green  Respond to of 8858
 
Mr. Down> Who do you think was selling on Friday? All that good news and plenty of stock for sale, do you have a reason for it?

Contrary to your assertion, Starnet was up 9% on Friday, so there must have been more buyers than sellers. I hope and expect we have more days as bad as Friday...LOL. Admit it Down Dude, you picked on a winner this time...SNMM is not a P&D. I really do hope you don't end up losing a lot of your 550% short profits...you might have to bail in a hurry to save it, whereas my long position is very comfortable indeed.

As far as your narrative of your shorting success, I can contrive just as fanciful a long story. So don't bother, it's wasted on me.



To: Bear Down who wrote (2269)3/13/1999 2:01:00 PM
From: David M. Green  Read Replies (1) | Respond to of 8858
 
Mr. Down,

BTW, I also don't believe you put in a serious sell short order on Starnet at any price except at levels one would normally expect profit taking anyway. We both know the price of SNMM could blow past 8 1/2 easily and for good. So don't try to snow me, either.



To: Bear Down who wrote (2269)3/13/1999 2:16:00 PM
From: LORD ERNIE  Read Replies (1) | Respond to of 8858
 
I hope the price goes down on monday, me and my friends will maybe buy a 100k more of SNMM if the price goes below 7$. The fundamentals are good.
I hope for you that your rice of 550% on portfolio of a few K$, will not be gone by next weekend.



To: Bear Down who wrote (2269)3/15/1999 11:09:00 AM
From: E*Trader  Read Replies (1) | Respond to of 8858
 
<<Friday you had the 2 best pieces of news from the company that you can expect. It's downhill now. Who do you think was selling on Friday>>

Where are you today Mr. Bear?
it is Monday ask $ 8 23/32 bid $ 8 21/32
I get worried when you disappear?
please keep posting so we can have fun!




To: Bear Down who wrote (2269)3/15/1999 11:35:00 AM
From: Jack Turner  Read Replies (2) | Respond to of 8858
 
I am losing a lot of respect for you. I actually said you were smart. Shorting SNMM at $7 and now again on this gap up at $8 1/4?

You must be blowing smoke. Come on. You do not short stocks that CAN explode. To suggest the move is over is a joke.

Last quarter SNMM reported .01 and that was good earnings but not great as many had hoped. The stock went from $1.25 ( high of $1.50 ) right back down to .80

It then stayed there for a week and in the second week traded up to old high of $1 1/2. About 3 or 4 days later it broke out and started its climb to $6.00 before pulling back.

That was on good earnings! I took two weeks to react, no more news followed. Stocks normally sell off after earnings report and IF they do not and go up you had better be a buyer as the odds are the stock is going much higher.

That is what we are doing. I will check your track record by following your call on SNMM.

I think it will be a very long time and maybe never that this stock is going to close below the $7 support level. And I am sure even you would admit that if it does it will not go below $6

Most likely this stock is going to repeat the same pattern as it did from $1.5 - $6

$9 = the old $3, therefore I am calling for a short term peak of about $15 before pulling back to and trading in the $8 - $12 range.

Nobody should short a stock like this for $1 gain when it can explode.

I think you are just trying to scare the weak longs. I plan to be in and out a couple times along the way to $15 with part of my shares. Short this thing? Only those who tread where angels fear.

PS I read the slammers creed regards suggesting when a stock moves on news, tell them the move is done.

And please, if you want to attack me as a hypster as your friend Flo suggests at least provide a link so people can see an example.

The above is based on TA not pie in the sky crap. I do not fall in love with stocks and the only use of hypsters is to allow me to make a bigger profit however I do not play the game. I only came over here due to the word out on you three over at RB.

So I predict you is going get burnt on this one. That's cool. Even the best are wrong. Hope you have learned about cutting loses. This could really hurt.

All I know is this is costing me money, SNMM just moved to $9. Need to take a little profit.