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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject6/15/2001 7:50:13 AM
From: Jim Spitz   of 37746
 
KKD splits again before opening today. From here out I expect it to have more difficulty rising because this is the 2nd split in a few months and many investors shun owning such stocks long. CANSLIM investors particularly.

You still have to be careful if you trade this stock long or short, but short should be safer soon IMO.

Of course, I can be wrong...but that is how I feel about it.

EDIT: I'll go one step further. Post split KKD will be about $35. I will guess that it goes to around $20 over the next 3 months.

Stay in the Black! jimS
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