HOLD IT A MINUTE THERE, SANTA
James,
The three statements in your last sentence are a bit jarring to me.
"With year end tax selling almost over, and 4th Qtr Earnings release coming up fast, it is unlikely that we will revisit the 5.00 area..."
1) Are there really many people selling RECY for a tax LOSS? I tend to doubt it, if that's what you meant; and 2/3): 4th Quarter earnings a) aren't coming up particularly fast, from what I hear, and b) implied in your statement, as I take it, is a positive assumption about what that report will say. The recent unsteadiness of the stock, in my book, TENDS to lead to the opposite conclusion.
Bad place to put it, but: HAPPY HOLIDAYS, Jim Strauss. Your tireless endeavours on the RECY thread helped lead to my first home run, and I'm forever in your debt for that.
Ivan |
