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Strategies & Market Trends : Dawg's Place

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To: Susan Saline who wrote (2545)9/13/1999 11:52:00 AM
From: Junkyardawg  Read Replies (2) of 2751
 
Hello Susan
I just doubled my position in PIOS.

Food for thought: Pios is coming out with news all the sudden.
In my opinion this is by design. They will crank out all the news
they can before the buyout.
Keep in mind that PIOS has a huge short position and they will have to cover on any hint of a buyout which in my opinion is soon.
So I look for PIOS to run as high as @20(just a guess) when the
shorts have to start covering.
This in turn will allow PIOS to get a nice premium when they sell which in my opinion could be in the high 20's or the low 30's.

The buyout game is fun but don't put all of your money into them.
dawg
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