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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (1681)5/4/1999 3:52:00 PM
From: Rocky Reid  Read Replies (3) | Respond to of 2414
 
Hello, my name is Rocky. Allow me to introduce myself. I am Short on NTBK as of yesterday at a price of $193.

When NTBK closed yesterday Up from where I had Sold Short, I was filled with a concern that perhaps I had made an error. However, my concern has been relieved now that I see NTBK is behaving as it should, and is currently collapsing late in trading today.

Stocks that rely soley on Momentum like NTBK tend not to do well in Market downturns. Those who bought NTBK recently made a critical error in investment. The Sucker Rush into this stock seemed like a sure thing. Now, we are witnessing Reality enter the picture.

Reality for NTBK means a much lower stock price in the short term. And I will profit very well because of it.