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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (1607)4/30/1999 12:52:00 PM
From: Ken W  Respond to of 1999
 
j garcia,

Not crazy at all in my book. Now that the MM has a whole bunch of shares to sell back from 6 (open) this morning they will make money between 6 and 7. I intend on doing the same thing.

In the prior 3 days over 9MM shares have traded hands over 7 dollars so the MM had no choice but to open at 6, just to flush out a bunch of shares as they are holding inventory at over 7. Lots of foolish people that bought over 7 have now sold at a loss. To bad. Now 7 will become a resistance area. Back and forth, back and forth. I love it! Not the 5 I was hoping for but it will do.

Frankly I don't care about all of the "worldwide woes", Sales, he said she said BS. Heck, if you took apart half of the stocks on the stock exchange the whole thing would be worth 4.98. LOL

Ken