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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (17388)7/15/2003 10:15:02 PM
From: Steve168   of 78673
 
VICL had another positive news and jumped to $7.8 today. I sold early at $5.7 range. But considering my buy at 3-4 range (and recommended here), I am happy. I won't be able to (and don't even try to) catch all the gains. My switch to PCYC at $4.5 is doing well too, up 5-10 cents a day and it is $5.08 today. Not much volume and most buying were at ask price, that means nobody is selling, and buyers are not in a hurry to run it. The below cash play is very powerful, resulted huge returns for me lately, but I am running out of ideas, PCYC is probably the last one. Given the current positive market, I expect PCYC to go up to $6 easily, more likely to $8-10 range in the next couple months.
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