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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: MileHigh who wrote (2958)6/23/1999 9:08:00 AM
From: Teflon  Read Replies (1) of 54805
 
I suggest to you, MileHigh, that RMBS' current stock price has little to do with the merits of how the institutions view RMBS, but reflect more their ability to drive wild swings (AND PROFIT FORM IT) in RMBS' stock price.

This does not reflect confidence in the RMBS story, this reflects how easily RMBS can be moved for trading profits. This is obviously a great stock for *traders* to make money on, but for those who want great long term stocks in their portfolio, I suggest looking elsewhere.

JMHO,
Teflon
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