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Strategies & Market Trends : Trader J's Inner Circle
NVDA 181.36+0.8%Dec 2 3:59 PM EST

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To: Trader J who wrote (9919)2/25/1999 1:04:00 AM
From: Trader J   of 56535
 
LBFC - Please be very careful with this issue. One of my good issues from a few months back that I found on thestreet.com and I liked the story.

Something appears to be up here on volume of 6x into a nice rise. They are a subprime lender in a sea of bad press on the subprimes. BKs are rampant in this sector and this one is the only good one that I have found.

They have forward sold much of their production through the first quarter of 99 and have very steady earnings increases. This stock should be trading at 16 right now but the sector is holding it back.

But something is up on the volume alert. Put it on your watch list. A little boring to follow, but when it moves....it moves well.

Tj
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