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Non-Tech : Invest / LTD

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To: SJS who wrote (14127)12/7/2000 8:07:50 PM
From: The Ox  Read Replies (1) of 14427
 
Hey Steve, I was lucky with CAMP, bought in the 17s (11-21) held on for a short drop, bought more in the low 16s(11-22) and dumped most at 19 1/8 and 18 9/16s after the gap up. Held onto a 1/4 position and ended up dumping the remainder in the low 16s (break even) during the plunge toward 13.

I was very luck to get out with a gain as I felt like I was swimming up water until I bailed out. I was very surprised we got the gap up and I have patted myself on the back more than once for getting out with a solid profit.

After the drop (from 19 straight down to 13 in 4 days), I've been watching but I have not been trading it since I didn't like the way it fell like a stone in water!!!

It sure appears that SOMEONE(or many) knew that bad news was coming and they were dumping their positions. So much for the new SEC regulations... still looks like the same old insider bullcrap going on. I'd be curious what the short levels were during the past 2 weeks on a closing basis.... OR maybe I'm too suspicious<gg>.

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