OPTS--Opta Food Ingredients Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : OPTS--Opta Food Ingredients

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Bishop who wrote (5)	5/30/1997 7:42:00 PM
From: Instock	of 85

It closed at 7 15/16, thats a long way from its support at 5 1/2. I for one would take half that. Say it drops to only $6.75, thats a 19% gain the easy way! Say it moves up a bit on monday , as it will probably do. Weekend readers of the magazine will be buying at the open. Say you get in at $8.25 sometime Monday and it drops that same half amount to its support. $8.25 minus 5.50 ( its support level ) = $2.75 (Half this amount in order to be conservative ), Thats $1.37, OR $8.25 minus $1.37 = $6.88 Is that not a nice and easy 20% after commisions??? What are your thoughs?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next