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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (3801)10/20/1998 9:49:00 PM
From: Tim Luke  Read Replies (2) of 7247
 
To the thread::::

not that i like doing this all the time and not that i feel i have to state my business on this or any other thread i will once again state my position in a stock that i posted here.

since many of you seem to be buying some of the stocks that i'm in i want to clear up my position in KNT......OSI and XYLN are no brainers:

KNT:

i received a rumor on this stock several weeks ago about KNT being a takeover target....i didn't take a position in the stock right away because i wanted top wait for the earnings to be released to see what i'm dealing with.....well the earnings came out and they sucked...BUT, the stock started to move and so did the volume...so i jumped in at 9 and change....Now keep in mind i don't jack about this company and it is a takeover play for me PEROID......but i have to say the way the stock has been moving and the increase in the options tells me something may be going on here.......so i will be holding.

DO YOUR OWN DD and never look for a guru on SI or anywhere else for that matter..

Regards
t
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