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.
Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (373)5/26/1999 9:03:00 PM
From: Shtirlitz  Read Replies (1) | Respond to of 2514
 
As I see it, short covering and some left over buying interest have pushed it past 50. It won't stay there for long. Daytrading interest and volume will dry out fast. Besides, it'll be a while until people will regain confidence in upteens-tier "internet" stocks.
Meanwhile CUST should be heading south. Slowly but steadily. Couple points a day. A chinese torture for longs. I've seen that happen so many times.
I'm not sure about single digits, though, since a lot of buy-and-hold-forever "investors" have bought into this scam. I'll be covering somewhere in 20s.

Regards.



To: Tom Hua who wrote (373)5/26/1999 9:14:00 PM
From: John Allen  Read Replies (2) | Respond to of 2514
 
As I see it, there is enough negative sentiment here to push this stock up to the astronomic levels forecast by Joseph Charles & Associates, and today was a big buying opportunity. Don't get crazy shorters...the 2/3 retracement has already occurred and the rebound is set to begin.