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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who started this subject10/2/2001 1:24:53 AM
From: Oleg Sogolov  Read Replies (1) of 19633
 
CPTS - another possible quick short trade, perhaps maybe longer: the company touts its revolutionary non-surgical birth control methods for women but by the look of insider trading activity in the past couple months, one would think the company is on the verge of going kaput. Everybody sold stock to the last share except maybe some who did not realize they some left.
The stock is up big in the last few trading days. Sales in thousands, losses in millions, I am definitely in.

EDIT: just looked at CRWN. Wow! What a POS that was, I wish I held on for the ride down to single digits. Finally, some people on top realized this company is a sinking ship. Shame on CSFB for pumping this turd all the way up.
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