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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Magic RN who wrote (51387)6/17/1999 4:33:00 PM
From: cirrus  Read Replies (3) of 90042
 
AG - never in - was rumored to be a buyout candidate. JACO - out at a profit. "Researcher" did a great piece on JACO a while back. These are two stocks that should be higher - but will likely be dead money until someone or something lights a fire under them again. Could happen tomorrow. Or in the next millennium.

PTEK - I got caught holding this dog when I took my real dog for a walk without a limit sell in place. Came back and saw PTEK had soared 3 points and was back down again. Held, looking for a rebound with the rest of the net sector. Didn't happen. Looks oversold at the moment, so I'm going to hold my small position for the time being.

Holders of any of these stocks should evaluate their original reasons for buying and determine if those reasons are still valid. There is a rule to remember here - never let a speculative play turn into an investment.

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