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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jeri who wrote (27894)3/16/1999 4:44:00 PM
From: Northern Cougar  Read Replies (1) | Respond to of 120523
 
Jeri read my last post to Small fry re:IFLY,

It's very volatile, the shorters were attacking it everytime it hit 9. Today they won. I was playing it for a quick pop (daytrade only).

Good luck I hope it bounces up and you guys make a mint $$ :) N.C.



To: Jeri who wrote (27894)3/17/1999 1:11:00 AM
From: SMALL FRY  Respond to of 120523
 
Jeri...

IFLY - nothing against the company... their earnings which beat the estimate twice over is nothing to sneeze at... it's an up and comer. However because of its low stock price it is more attractive to the diehard momentum traders... the pump and dumpers who look for just this situation... some of them are very well organized and for little old us to buck the tide is foolhardy. There are better plays out there... yet in the corner of my brain is this unwillingness to give in. I'd like to see the people who shorted get run over big time... if it gaps then it'll keep going for a while feeding on the short coverings... it's a wish and a hope - not the way of a good investor/trader.

SF



To: Jeri who wrote (27894)3/17/1999 8:46:00 AM
From: SMALL FRY  Read Replies (1) | Respond to of 120523
 
Jeri... if you're holding IFLY, early premarket action shows sales at 9... not sure if this is correct since bid/ask is out of whack already... bid 8 - ask 7 3/4.

EPAY/WEBT being bid up; hopefully I'll get some of my money back...

SF