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To: russet who wrote (8288)4/22/1999 2:00:00 AM
From: Moosie  Respond to of 62348
 
Thanks russett,

great post

moosie



To: russet who wrote (8288)4/22/1999 8:21:00 AM
From: KodiakBear  Respond to of 62348
 
Thanx Russett!
They can getcha via MY first costly mistake (of many)even without a gadget, which was on the VERSUS IPO I engaged in.
I saw in the papers "we have like a 20 million(or something) more orders than we have stock to issue". i thought 'this is too good to be true', which should have been my first clue.I BOUGHT SOME ON MARGIN INSTEAD OF KEEPING MARGIN JUST FOR A BUFFER.
They knew that if they smashed what was actually a properly valued stock hard enough that alot of morons like myself would have to sell LOW on margin calls.Then it rose. I rarely use my margin now.