that's all, just news byte.
Buyout firm KKR planning an initial public offering (NM)
Started by
OEXCHAOS
, Jun 21 2007 06:35 PM
3 replies to this topic
#1
OEXCHAOS
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- Admin
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Mark S. Young
Posted 21 June 2007 - 06:35 PM
Mark S Young
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#3
arbman
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- Traders-Talk User
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Quant
Posted 21 June 2007 - 10:00 PM
Another hedge fund also blew up today with $700M trading losses.
There is definitely a rush to exit here...
#4
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 21 June 2007 - 10:07 PM
I sold my QID in the first half hour today and watched them run Nasdaq back up. As far as tomorrow's IPO...When was the last time you saw them bring a big IPO to the market and it tanked ahead of it? That's not what I expect at all, I'm looking for a big markup tomorrow on the open, a new Nasdaq high with resistance at 2644... after the IPO is released, the rest of the market will peak and then crumble as the new IPO goes to da moon on fool's gold purchases.... From there, they will start marking up any stock with a whisper of a buyout in the final frenzy before the market crashes on Friday, July 13th. 
Edited by SemiBizz, 21 June 2007 - 10:07 PM.
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
