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To: Captain James T. Kirk who wrote (42760)4/20/1999 2:53:00 PM
From: SargeK  Respond to of 95453
 
With regard to UFAB, I don't think it is solely profit takers depressing the price. I think it is a number of investors who bought in at much higher levels and are attempting to cut their losses when the stock attempts a recovery. Everytime the price starts to make a comeback it is met by relatively large block sells. Right now there is 2k asking 8 7/32. If true, I think these "investors" ought to put a moratorium on selling for 30 days and they might have a chance of getting their money back. It may very well be former owners of Allen Tank who accepted $17. UFAB stock for their shares of Allen only to watch the price plummet after the sell. It has been a losing proposition for them since the takeover.

SargeK



To: Captain James T. Kirk who wrote (42760)4/20/1999 3:29:00 PM
From: Raven McCloud  Read Replies (1) | Respond to of 95453
 
The fact that MRL, which I shorted, and
other OS stocks experienced a sell-off
means, IMO, that there's a better chance of
a pull-back than the MOMO continuing.

I'll bet on the pull-back at this time.


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