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Strategies & Market Trends : Trader J's Inner Circle
NVDA 188.57-0.3%9:30 AM EST

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To: Trader J who wrote (16180)6/17/1999 1:27:00 AM
From: American Spirit  Read Replies (1) of 56535
 
Regarding SDTI and the other few number of stocks which didn't participate today. I think it's safe to say that barring some bad news on them it might have just been a case of a few big investors buying into the leaders and/or taking losses in the small fry. SDTI has been referred to as a value net stock in that its investments alone in Verisgn and other companies are worth 2/3 of SDTI's value. Therefore you get SDTI itself for very little. - Why it has left behind I don't know but I'm glad to see a trader like Jeff affirming its value. - As I've stated, BEBE, CHRZ and DCTI are three more I bought today as they went down. I know each company well and know they are undervalued. Why they went down who knows? Maybe there's a reason or maybe they are the best kind of values right now.

I admit I have trouble buying a stock after it's just popped 10%.
I guess I'm just cheap. Sometimes it works sometimes it doesn't. In a rallying market it's a safer way of thinking as the secodnary stocks should follow the leaders quickly. I also believe that with themarket rebounding companies will be more apt to put out good news they might have been withholding. It all boils down to earnings in the end though. earnings and future earnings prospects.
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