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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: RBuddy who wrote (581)4/11/1999 5:47:00 PM
From: Matt Brown  Read Replies (1) | Respond to of 5041
 
RBuddy,

I am just glad I know who it was. It was bugging me because I knew it was somebody on my list, but I have talked to almost everyone on my list and nobody calls me Fattman! LOL

Its ok...I am glad you had the "guts" to stand up and apologize. That is a very respectable trait.

Also, I am sorry about the 3k loss, but like I said, I don't watch the trading often, so it doesn't get to me to see a drop in the price suddenly.

But I would like to advise you on something. This is from a personal experience. Just because you are down, DON'T TRY TO THROW YOUR MONEY AT ANYTHING to get it back. I have done this before because I lost in a stock and tried to make it back fast. I did it once and learned my lesson. Be patient. You will get it back.

Thanks for apologizing and clearing everything up for me. I agree, BatMan...what a cheezy name! LOL

FM



To: RBuddy who wrote (581)4/11/1999 5:55:00 PM
From: Khris Smith  Respond to of 5041
 
My take on the drop.
As the price dropped, people panicked. The mm's were lowering the bid to fill a market sell of 175,000 shares. This sell along with numerous 10 , 20 and even a 50,000 share sells, caused the price dip to .40 X .42. There is no way of knowing this until the 175 is posted. Then it becomes clear as to why the price is falling. This also happened on Thursday midday.

Nitetrade