More on VoIP

If you're interested in doing some research into the VoIP space you may want to start at Jeff Pulver's weblog. He's the co-founder of Vonage and several other organizations, and will be speaking to Congress at tomorrow's VoIP hearing. I especially like the post of his that points out the lunacy of Thanksgiving week stock moves. As the article that Jeff links states, moves during this week can be greatly exaggerated because many of the 'pros' are on vacation.

I can't say that the VoIP stocks will roll over and die tomorrow, but I sure wouldn't want to do anything with them besides daytrading them. I imagine they'll be very active tomorrow and I, and a hell of a lot of other short-term traders will be looking to make some cash off of these bad boys, whether they move up or down. Prepare for a wild ride.

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Quoted

"Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose." ~ Bruce Kovner
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This page contains a single entry by Michael published on November 30, 2003 4:56 PM.

VOIP Plays are Poppin' was the previous entry in this blog.

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