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Strategies & Market Trends : CHRB, going above $5.

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To: Khris Vogel who wrote (46)4/15/1997 8:58:00 AM
From: CJ Mark   of 145
 
Khris:

Did we all picked CHRB? I am certainly delighted to see now it is above the $3 level and holding. Another run like this I will get even with this stock. I will hold it to $5 and above. I am looking through my crystal ball and find a time frame of less than 2 months (g). But for all of you who bought in at 60, I guess you just have to hold it a bit longer to see a profit. A sudden increase of demand of rubber, or other factors such as their "higher margined" agricultural products could send CHRB gradually to that kind of level. One thing I am confident about this stock is that all the seller might have done with their shares, as evidenced by the low daily volume these days. Simply put, you just can not buy a large quantity of cheap share any more (or, nobody is willing to sell at this price levels). Good luck,

CJ
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