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


To: Lucky888 who wrote (29293)4/12/1999 11:05:00 AM
From: MaryinRed  Read Replies (2) | Respond to of 122087
 
Lucky....I am long NSOL...and have been since the fall...

it is VERY volatile....so it might dip back down....so you can extricate yourself..more comfortably...

I just wish..my money at AB Watley was all transferred from DW so I could sell at this price....have my eye on a few things I'd like to buy but hampered by funding availablity...(only Suretrade is "live" at this point....for me....and it has menos bucks...

Mary



To: Lucky888 who wrote (29293)4/12/1999 11:05:00 AM
From: J.Y. Wang  Respond to of 122087
 
It is *very* dangerous to short these net stocks right now. People don't care about fundamentals right now so it is very hard to game or predict where a stock is heading. NSOL is losing its government-granted monopoly. The price it can charge will go down dramatically. Six months to a year from now, NSOL's stock price should definitely be lower. However, it might go to 5000 in the meantime. Who knows?

It seems like options or LEAPs might be more appropriate. But then the premium for options on net stocks is a ripoff. Still, you don't have the downside risk you do if the stock goes to 5000.



To: Lucky888 who wrote (29293)4/12/1999 11:37:00 AM
From: Anthony@Pacific  Read Replies (1) | Respond to of 122087
 
I post before I trade..and on this one I held backj and watched and decided aghainst it..Asensio..finally picked one that could eat his lunch.