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Strategies & Market Trends : Sharck Soup
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To: Zack P who wrote (16177)4/13/2001 1:17:58 AM
From: American Spirit  Read Replies (1) of 37746
 
Bailed on SCNT at 2 1/2 (bought 2 7/8) after trading it once for a 50% profit in beginning of January. My brother used to work there so I was sentimental. Hey down from 130 to 2-3 didn't seem bad. Lucky I got out in time. Probably a great buy down here though the sector sucks big-time. Have lots of cash last time I looked. So don't say it's my favorite. Just one I played at a higher level. Think of those who bought at 129 and are still holding for a rebound and say a prayer for their portfolio. My worst of the year was ESHR which I sold at 1.25 after buying at 8. Next worst LOR buying at 4.5 average down to 1.80 today, a week ago at 1.10. By the way if you had bought LOR at 1.10 you'd have made 65% in one week. So don't scoff at the micro dogs way down here. They can get very-very oversold and any news can double them. Just have to be lucky on your timing.
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