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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (25394)5/17/2001 9:21:35 PM
From: Dale BakerRead Replies (1) of 118717
 
Bottom line for me - whatever happens to this particular contract, AREM's past financials represent real business and real profits. This whole affair is way overblown. Business in the Balkans gets a lot messier than this sometimes.

No idea where the stock opens tomorrow but I won't be selling. Any dip (if we get one) won't last more than a few days with the company reaffirming $240m revenue for 2001.

One more reminder about risk - if AREM drops to 9 my account goes down 1%, at 5 I am down 2%, etc. Don't load up on any stock under a cloud until the sun comes out again.

To compare, AREM going bankrupt tomorrow would have the same effect for me as LPAC going down about .80 to just under 2.00 again.
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