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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (15686)3/30/2000 11:02:00 PM
From: NW_Trader  Read Replies (1) of 59879
 
Mark:

Bought ATMS and added to NTCS position on reversal today. Any thoughts on either?

Missed on the warrants NTCSW however by 1/16 - so it goes. FYI: Warrants expire SEP 11, 2001, and 3 warrants + 5.25 = 1 share of NTCS if called - can be called if NTCS stays over 7 7/8 for 20 of 30 trading days and the count is now getting close. (However may not be called, like ASTNW haven't been although have been eligible for nearly a year.) Do the math and you can see that that the warrants should be trading in tandem with the stock, but give better leverage.

Also traded SBUX and AVA with success, got sliced and diced on ALMI (mid morning earnings release) and NEXL. So it goes.

Peace and Justice --- Patrick
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