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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?


To: Panita who wrote (133)4/18/1999 4:35:00 PM
From: Stephen Adnan  Respond to of 2419
 
Lets be real on USAB

Those who got in on Friday are sure to see a gapper on Monday - this thing is all over the net - good TA/FA and a very small float.

The issue is whether it will last.

Investors already in can allow the daytraders to create the volatility and the mms to gap up the price.

This, however, is not citibank, and if u think they are going full service banking and brokering around the globe from this small thrift u are sadly mistaken. This is no NTBK - however, there most assuredly will be increased awareness and revenues which can only help earning - although this is already a profitable, and what seems to be, a well mangaged company.

As a dyed-in-the-wool TA man, who has been here before on so many "can't miss" opportunities, I can promise those who are not in, if it gaps on Monday, the gap will eventually fill - they always do - and u will get your opportunity to buy back in.

Give those in already kudos for some good dd or good luck for their friday purchase. I saw the ticker discussed a number of times and did not do any dd.

This may hit $15 and not stop unitl $50. On the otherhand, FLBK is already yesterdays news.

If I can get in, I will, but if it runs I will not chase as I have been here before. Therefore, the hard questions are for those in as of Friday - when to sell /how much to hold/ do you REALLY believe this will hold its gap (there are those out there called shorters) and if it gaps back down, will it come back.

IMHO - No - sell the gap, take some profits, play w/ the house's money, pat yourslef on the back, you made a great call on friday. If it moves slowly and there is evidne of sustained NOt frenzied buying and there will be others in after you let this one go a day or two more.

Remember, If it a MSFT/YHOO/GNET (or XMCM -my shameful plug) there will always be time to get some more points as the run in quality lasts a good long time.

Stephen



To: Panita who wrote (133)4/18/1999 5:00:00 PM
From: Jason Chesshir  Read Replies (2) | Respond to of 2419
 
I got the clue, the announcement will allow them several days in the spotlight and enough time for me to build a short position. Website comes online everyday...geesh! It's getting old...

By the end of this week, its money in the bag for shorts and USAB insiders...