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


To: Anthony@Pacific who wrote (23416)3/23/1999 12:21:00 PM
From: Barb KA  Read Replies (3) | Respond to of 122087
 
I'm new at this! Please excuse my Stupidity!! What is a bear trap??

THANKS AGAIN !!!

BARB



To: Anthony@Pacific who wrote (23416)3/23/1999 12:27:00 PM
From: oden67  Read Replies (1) | Respond to of 122087
 
Thread: Check out EGGS as a good short, the last of the brokerage houses that did the secondary offering for EGGS, Prudential, came out with their buy reccomendation today. This is the third or fourth one in the last week, but the catch is that everyone of them was put out by the firms involved in the offering. If this isn't market manipulation then I dont know what is. The stock has done the same thing every time after the buy rec. comes out, goes up for a two or three point pop and then falls back to where it was or lower in the next few days. I expect it to do the same this time. This stock is a dog and will be back to the mid teens soon. Good luck everyone.



To: Anthony@Pacific who wrote (23416)3/23/1999 12:32:00 PM
From: Kailash  Read Replies (1) | Respond to of 122087
 
AWEB a bear trap? It looks like it's really hard to get shares to short.

The stock is up 100% and has churned the whole volume of the offering over twice - and we think it's not doing that well? Shows you how we've adjusted our baselines to this crazy market.

A few poor IPOs should take the wind out of the inutz - supply is coming on hard, demand is maxing out.

Kailash