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Strategies & Market Trends : Three Amigos Stock Thread

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To: Amigo Mike who wrote (236)	1/27/1998 11:45:00 AM
From: Cary C	Read Replies (1) of 29382

Mike when I saw PCTH climbing today and the warrants not moving I bought some at 1 7/16 and 1 1/2. If it runs true to form like last time, the warrants always move up with the stock. The last three time that PCTH has hit 5 1/4 the warrants have been at 2 to 2 1/8. Not a bad gain from 1 1/2. PCTH is suppose to have more news out very shortly. I spoke to Sergio and we all are in agreeance that the stop loss should be at 4 11/16. In the past PCTH liked to move in the afternoon. Hopefully this will hold true this time. Its better to be safe than sorry in this market. Cary

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