gongoman (Mj)
"...how the hell did you hear about that last long
you went on?"
PDII? It was a fluke.
I'm sure it will never happen again.
I noticed in Investor's Business Daily that the leading
sector industry was Medical/Hospitals, the second industry leader was Medical/Dental/Services, in fourth place was Medical/Generic Drugs and down in twelfth place was
Medical/Health Maintenance.
Then when I looked at the companies that were at 52 week highs I saw (among others) Professional Dental (PDII).
On Thursday (21st) I started buying some of these stocks that were still reasonably priced
and had good earnings per share.
I ended up buying about ten stocks and PDII was one of them.
I had no plans to post these buys, since for the most part,
they were not nasdaq stocks and I didn't think anyone
would be interested in them.
On Sunday night I joined Drbob in the Excite chat room and
he asked what I was doing in the market. I mentioned that I was
long some Med. stocks and he got a kick out of my being LONG.
He asked if I'd post this information and I did the next day.
"I got into a little trouble with HWP , but cut my losses and sold , made up the loss playing EXTR long, it seems like a wild one."
I was watching HWP this morning and it suddenly dawned on me (I'm not sharpest fork in the drawer) that if pricing
in the server market was being reduced and INTC, AAPL
and some printing suppliers were down, then HWP may not meet earnings/revenue.
Dah. I went short at 97 1/2 when it was sitting on a ledge.
And EXTR can be a wild ride, which is why I haven't played it. Good luck.
"You got any plays you like now ?"
Honestly, I don't. Still holding most of Meds. and
will look to get short if something looks weak... kind of
like a old lion on the prowl.
Here's wishing you good trading,
FLACK |
