Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Alex MG who wrote (5034)	4/5/1999 10:12:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Gradeaux, respectfully, you should re-think. SELB has a 500k float. And this is a major irrational exuberance / speculative internet bubble week. I saw that some believe a rumor about a website. And about the only way you will be able to short is naked, because borrowing a stock in short supply is nearly impossible. If you have never shorted a stock like SIEB, you should first discuss your idea with someone who has. Now on the other hand, I agree with you about the company totally. I don't believe that SELB is worth more than 11 dollars per share. That is why I sold 2/3rds near there. So I won't be buying tomorrow, nor do I think others should. However, many will because it is just to ripe for the picking as a momentum play. And on a momo, nobody cares about the company. Only the float matters at that point. So the company could say they are going out of business at the end of the week and it won't affect the chances of a major momentum play. Best wishes. Rande Is