SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : LastShadow's Position Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff Jordan who wrote (32939)3/22/2000 5:49:00 PM
From: Jeff Jordan  Read Replies (1) of 43080
 
LU...I hate having conviction. Not really down much but I was positive yesterday! anyway...I was informed today by LU IR that nothing has changed for LU in their guidance for the quarter...therefore all reported rumors are just that...the typical pre-earnings crap...well almost 30 days to go. Lu is in their quiet period and can not directly respond other than saying, nothing has changed since the previous guidance....but they were aware of today's rumors and the comments on CNBC and don't know where they could get that nonsense. One fund liquidated a position today...big deal, I need to go find my link but last time I looked about 35 funds were buying shares and maybe 15 were doing some selling...damn traders!<g> I heard this rumor began on the trading floor....it happens every quarter...people will do anything to short a stock.

I'm sorry I had to spend so much time w/ lucy today...but will continue to buy and now add call options... they are still planning on the scheduled spin-off in the 4th quarter, around Sept 15th but didn't have anything new to add on that subject at this time...

Therefore, I expect someone,something to come to the companies defense tomorrow.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext