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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked
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To: Glenn who wrote (86699)1/16/2000 11:57:00 PM
From: charlie mcgeehan  Read Replies (2) of 90042
 
glenn
that is a very good point.
what will everyone do if cs is bought out. i know i discussed this in pm with one of the thread regulars. most folks will simply sell the stock as soon as it reopens and move on to other stocks of interest. if they do this they will minimize whatever profit they have been holding so long for. this is what most people do and that is why many "investors" simply follow the advice of someone. they are unsure of what to do.

my advice if i may be bold as to make a suggestion is this. if you think cs will be bought on tuesday or soon i would hurry out to the nearest bookstore that is open tomorrow and buy and read the following book. you can be a stock market genius by joel greenblatt. i am not about to summarize this book as i believe that if people want to make money they have to take responsibility themselves. i will say this - the book is easy to read and understand and IF YOU DO NOT BOTHER TO READ THIS BOOK you will not mazimize this or any takeover, merger, acquisition, spinoff or restructuring.

i wish everyone well that is holding cs for a buyout. do yourself a favor and read the book. less than 20 bucks and a few hours of your time.

later charlie
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