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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: Bob Peel who wrote (1758)8/4/1997 11:13:00 AM
From: James F. Hopkins   of 1836
 
Bob; I'm a small time trader, but I trade often, a brokers dream
come true. :-) ..Friday I bougt 400 VUPDA 3-3/4 and 400 more when
it hit 3-5/8..so my avg is 3-11/16 + $24 commissions.
VUPDA has offered to pick up MOOV in a stock swap for 1.1 shares,
and MOOV is down ..the consolidation will put VUPDA in a good
position to be the leader in the vidio rental..
So friday I got 700 MOOV at 3-11/16 today I got 300 more at 3-5/8
then 300 more at 3-1/2..looks like MOOV is the best buy right now
as if the deal goes it'l be worth 1.1 of VUPDA..so my main
focas is on MOOV..but I got them both 2100 shares total, and will
have to sell some other stuff to get more, which I will do if they
get any cheaper..dumped 2000 ggite at 3/4 have 2000 more on the
block to sell at 13/16, all my other stuff is in the red just a
little and I want them to move up some before I sell em.
any way also look at MOOV.
Jim

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