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Strategies & Market Trends : Winter in the Great White North

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To: Rocket Red who wrote (5269)11/25/2003 3:16:42 PM
From: ralfph  Read Replies (3) of 8273
 
SUR- Hmmmmmmmm. I think I figured this one out.
(1) The insiders have almost 100 % control of what they plan to do and how they are going to do it.
(2) I did not do my homework.( At least not enough to be in my comfort zone.) Who owns what,whats their reputation, burn rate. All the extra factors I like to take into consideration before I take a position.
(3) The graph is a classic. Perfect, cyclical , promo momo, type graph. Infact it fits into the no brainer bin. BUT only if I did my homework ! Sometimes a stock that looks like SURs just flat lines for ever. Because the insiders have lost their touch, interest or whatever. This sure does not look the case with SUR.
(4) I wish I knew what drove the stock to that 12 buck high 10 years back.

Anyways I am not whining about the move today. And I think this will be one of the best weeks this year for trolling for bottom fish. One or two maybe this Dec but this is the last flush for many I expect.

INM ??? Could this thing drop a dime more ? Naw.

It does swing

ralfph
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