To: Janice Shell who wrote (1239 ) 4/16/1999 7:09:00 PM From: gizmo&jack Read Replies (2) | Respond to
Absolutely nothing to worry about. Just look at ECEC last week or SHAL, IMOT, etc. You all know the names. This is perfectly natural. No stock goes straight up, ever! Once you have a stock that has been noticed, the daytraders and shorters come in. And you can still have more buys than sells and the stock will drop because the MM's play games and drop the bid and raise the ask. And weak hands give in because they don't want do blow the 50% or 100% or 200% profit they already made. Very simple. But absolutely nothing has changed with respect to the company, a company that fundamentally sparked investor interest in the first place. That is why there is no doubt of a rebound. The only time to fear is when something went fundamentally wrong with a company (like Cendant's accounting fraud, or a unexpected poor earnings release). It is interesting that Janice and some others have joined this thread after a quick rise in the stock. Where were they before? Wonder what their motives are? ABFG will soon release news of new stores and improve the look of their site dramatically and the stock will fly. Until this all happens again at 4 or 5. Those of you that can make more money guessing the peaks and valleys, by all means good luck daytrading. It is much easier to relax, wait a couple of weeks, take a look at the stock up 1000% and then get out. One thing has been proven over and over again in the internet sector; stocks that are winners at first continue to win and win and win. They may have falls in between, but they always come back stronger. Good luck to all longs.
