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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (5889)8/5/2003 7:18:44 PM
From: Smiling Bob  Read Replies (1) of 19256
 
GTRC dropped on Monday to about 31.7 or so and has since recovered
Ripening for better short. Just can't see that great of a demand for musical instruments to warrant a high PE
Every rise to 33.5-34 resistance should be shorted
Closed @ 33.12 today
Still expect 30 this week.
edit
Wondering who is buying, particularly today
Sells for less tha 1 x's sales, making a potential takeover for the right match
Doling out total $5 million to 5 mgt. Company only nets 20 million or so
Overpaid
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