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


To: surelock who wrote (22897)3/21/1999 6:17:00 PM
From: RockyBalboa  Respond to of 122087
 
Sath, seen from a devils advocate point.

Oops. Looks like bad timing. At this point in the chart I'more tempted to buy it for a couple of quick bucks. At least, the chart shows indifferent signals.

Who would short it @ $12 when it was to sell better at $25-29.

And, there is hype "left over" for the next time:
Per beartracker:

Shop At Home has secured a far better name to launch its newest retail web site: Collectibles.com. This site leverages SATH's 1997 purchase of a trading card wholesaler, and the operation boasts licenses from the National Football League. The Collectibles.com web site is not yet operational. A few promotional pictures on the web site show the new pitch people and the beanie babies, sports memorabilia, and old knick-knacks SATH hopes to sell through the web site. By offering these products, SATH will be going head to head against eBay, which has gained fame through its success at auctioning off just these kinds of items."

Hence, the opening of Collectibles.com may spark some glowing press releases and a new buying frenzy.

collectibles.com

C.

Th beartracker has no good track record in shorting internuts. The last time he shorted RNWK at 25% of today's price, completely ignoring the rise and excitement of internet-media related stocks.

beartracker.com

lists stocks like DOCI, WEBB, ERTH, ZMAX, ALYD, IMON (whose quality we don't need to discuss). But also NSOL (a 7x since), RNWK (4x), GCTY (2x), UBID(-15%). Stocks which I won't short without good reason.