SI
SI
discoversearch

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


To: Jerry Miller who wrote (1686)5/4/1999 10:53:00 PM
From: Sanjay Varma  Respond to of 2414
 
See post #626 on NTBK thread at www.ragingbull.com. A poster shared his research about net stock behavior before and after splits. Here's a blurb:
-Sanjay

The stocks:
1 CMGI
2 EGRP
3 AMTD
4 SCH
5 AOL
6 EBAY
7 AMZN
8 YHOO
9 DCLK

The results
%gain 2wk before-2mons after 80%
%gain 2wks before-split date 28%
%gain split date to 2wks after -1%
%gain 2wks after-2mons after 41%
%gain 1mon after-2mons after 43%

Conclusions:
Although my research model only cover nine internet stocks, it's
amazing to see the trend in these split driven momentum.
The best bet is to buy stocks two weeks prior to split date and sold
around the date of the split. If my research shows any indication of
market momentum in internet stock splitting at all, you should pocket
around 27% gain in two weeks.



To: Jerry Miller who wrote (1686)5/5/1999 1:54:00 AM
From: $Mogul  Read Replies (1) | Respond to of 2414
 
Jerry,

What is the 200 day EMA??

(DCLK Hurts, Glad i waited to get into NTBK, EXDS, INSP, ABOV).

$Mogul



To: Jerry Miller who wrote (1686)5/5/1999 9:56:00 AM
From: Rocky Reid  Read Replies (1) | Respond to of 2414
 
NTBK Collapsing as we speak, down $15 so far...and dropping like an Anvil.

THere are stocks which are completely overvauled. NTBK is one of these. NTBK got caught up in all of the Hype, amd now the Hype has moved elsewhere to other sectors. There is nothing to keep NTBK from falling below $100. There are very little Earnings. There is a sky-high PE ratio.

In a few years. NTBK might be worth its present valuation. But that's a big "If." One has to only look at the sad sad world of IOM (Iomega Corp.) to see what I mean about a stock getting ahead of itself.

NTBK = IOM? Sure looks that way to me.



To: Jerry Miller who wrote (1686)5/5/1999 11:25:00 AM
From: Rocky Reid  Read Replies (2) | Respond to of 2414
 
>>you'll be back here cryin' next week about how you didn't anticipate the run-up to the split.<<

Maybe. But right now, NTBK is down another $15 or so to about $157. We are rapidly approaching my Cover target price.

At NTBK's rate of collapse, I'll be long gone and out of here to grenner pastures before any run-up to the split.

BTW... did you ever figure into your neat little scenario that any pre-split run-up has ALREADY happened?