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.

Technology Stocks : SIEB Siebert Financial Brokerage -- Ignore unavailable to you. Want to Upgrade?

To: learnstocks who wrote (202)	4/7/1999 2:53:00 PM
From: Gutterball	Respond to of 284

I expect it to head down about 30 min before the close. In the mean time, we may get another run at $30. Depends how heavy the shorts are. At this stage of the game, I don't recommend SIEB as a buy or short! The forces at play are huge and I'm just enjoying watching them play out.

To: learnstocks who wrote (202)	4/7/1999 3:03:00 PM
From: Gutterball	Read Replies (1) \| Respond to of 284

Excuse me again, but we are coming up on the last hour of trading. If guys did a lot of shorting today, we may get a thrust above 30. I've got a bid of 29 do I hear 30? I've got a bid of 29-1/2 do I hear 31. This has just got to hurt. Oh what a day! But wait, profit taking has come into SIEB and its selling off. It's dropped to 28 1/2 and pushing lower. It just touched 28. Now the question is, are there more shorts than longs, or vise versa? The tick at the end of the day will tell the tale! But wait, she's coming back up. I've got a bid of 28-7/8 do I hear 30?