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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject2/27/2001 7:04:22 PM
From: hoffy  Read Replies (2) of 436258
 
ALLY, great day today. This is one to look at in this bad tech market. nice block buying late in the day. The company will make over $1.75 this year and sells for under 12. In a tough economy these gaming stocks always do well as people turn to gambling. ALLY could even do better than the expected $1.75. Not much institutional ownership yet but I think they will start to come in now that ALLY is trading solidly above 10. There was a 25K block buy late in the day. The float is small and the short position is relatively large so I wouldn't be surprised to see a short squeeze occur too. In this terrible tech market it's nice to have a stock that bucks the trend.
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