To: Jane4IceCream who wrote (4957 ) 4/14/1999 11:31:00 AM From: Andrew H Read Replies (1) | Respond to of 30916
Great post by KSE on Yahoo thread, who is normally farily cautious: >>PMPT Today Is My Last Trading Day by: kennedy__style__entrepreneur 46893 of 46910 Today was the last time I will sell any IDT until the ipo. I sold my entire position at 30 1/4 and bought it all back in the high 27's. I will now hold on to every share with unshakable resolve until the major news is announced and very possibly much longer. There is some chance that we take one more dip, and if we do I will be buying to increase my position significantly. I waited this morning until I sensed that the weak hands were about to cave, that the market makers were going to try to take it down, and that they would have one of the mini selloffs I have predicted. Every second I was without stock my worry was that it would suddenly bolt up significantly and I would have to buy back at a higher price, which I would have done. Today I believe will represent the last buying opportunity. At the latest, by mid afternoon on Friday there should be a major run up. Softbank has said clearly and on the record that they hope to close the deal by next week. A Monday announcement is certainly possible and next week sometime is highly probable. So very soon the buyers will be coming in, big time. Whatever the low for today turns out to be, and we may have seen it, it could easily be the final buying opportunity before a major move up. The next major move up could come at any time and it could well be permanent. My selling and trading has ended. I am now a holder and potentially a buyer. I know some people will be unhappy with what I did, but I have repeatedly posted my analysis, my strategy and where I am going with this. Investors, I have warned you again and again not to sell cheap. Dont do it! If you do any more lowball selling I will be delighted to be a lowball buyer. Any who sells low is crazy. But be warned that my greatest hope is to steal some of your stock for grand larceny prices, and if you let me, I will do it. My advice to all is that if you even see this stock in the 27's for a minute, grab it. Then do what I am going to do from here on out, which is to sleep with my idtc stock under my pillow until The Big One comes, and we make a run for 40 and beyond. regards, kse <<