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Technology Stocks : Edify (EDFY) IPO -- Any Comments? -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (310)5/26/1999 12:42:00 PM
From: Shoot1st  Read Replies (1) | Respond to of 355
 
I've been watching Level 2 on EDFY for several days. When a daytrader steps in front of the inside offer in order to get out quicker....the price drops at least a 1/4 often more. Most of these traders, and I am one of them, use either the Island or ARCA route for their electronic trading. I will not step in front of the inside offer to get out. It helps the Market Makers justify a drop.

I need it to hit 11 or more quickly also. IF the attitude is right it will go regardless of earnings. We all buy on expectation. Last week it was near 16 that gives a lot of room for profit at this level. The news is strong and the connections are valid. If/When the market swings back it will not be left behind.

Shoot



To: tuck who wrote (310)5/28/1999 3:33:00 PM
From: jlib  Read Replies (1) | Respond to of 355
 
Well, did you just miss the margin call you were concerned about?   :-)