Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: dbblg who wrote (54989)	5/4/1999 8:28:00 AM
From: Sarmad Y. Hermiz	Respond to of 164684

>> Maybe we are defining "momentum buyers" differently, but everyone I know who buys solely due to price breakouts sells at 5 or 6 percent above their fill (or 2 percent below it). Anyone who bought because of the breakout above 199 1/2 is, presumably, long gone and quite happy. << You may be correct about misuse of the phrase "momentum buyers". What name do we call the people who buy a stock just because it is going up ? Somebody was buying and holding on the rise from 140 to 220. Otherwise it would have collapsed a month ago.