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 : HAUP - Hauppauge Digital -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (486)	5/22/1999 1:31:00 PM
From: Oleg Sogolov	Respond to of 1149

This stock is a shorter's dream. Unbelievable spike in price heading into the market close, aided by the news release that most people can not comprehend. Anyone remember AVCO a couple of month ago? Wait a minute, just look at ADAM just 3 days ago until yesterday. Anyways, I would have been reluctant to short the stock had this been a broader rise in the whole sector, however, in this case the stock rose due to a well crafted news release. You guys can say anything about what is going to happen to the stock next week, but you simply can not get away from the reality: I still expect a slim chance for the stock to spike up in the first 5 minutes giving people time to unload the stock, followed by a drop, then a gradual rise caused by the idiots who think now they are buying the stock at a discount. Then, a further drop heading into the market close. OK, I'll say 20-25% drop from yesterday's price. I will try to short the stock on Monday but due to a small float and a ton of traders trying to beat me to it I am going to have a slim chance of getting in.