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

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To: Mare Britton who wrote (73019)11/16/1999 2:41:00 PM
From: Tim Luke  Read Replies (2) of 90042
 
i took a 1 point loss on NN today for that very reason...NN is a very risky play, there is no doubt they will come out with bad earnings..this is no surprise and the only reason the stock went to 20+ is on the takeover rumors..if NN isn't bought out on friday or monday i think the stock could see 16 or less..pretty high risk....i hate to see you take a loss because there is still a chance of a buyout but then again you have to ask yourself is it worth the risk..if it isn't hen i suggest you consider selling
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