Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Ron Dior who wrote (48976)	4/9/2002 1:22:03 PM
From: mishedlo	Read Replies (1) of 99280

Judging from todays action I would say the samrt money has been selling BRCD all the way down from 40 and EMLX all the way down from 47. Only an insane short squeeze got those bloated pigs where they got to. BRCD at 13 was a bargain because it rose. CREE went from 13 to 30 to 13 There is no reason at all that BRCD could nor (or better yet Should not) do the same. You look at prices from where they were. As a day trader that is a good move. As long tem buy and hold which you seem to be proposing, it could be suicide and it SHOULD be suicide. Now just because the evaluation of EMLX and BRCD is totally insane does not mean it will not go up. On a fundamental basis (which should be of concern to a LBTH'er) EMLX and BRCD are total garbage at these prices. M

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