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Non-Tech : Credit Acceptance (CACC)
CACC 450.85+4.9%Nov 5 3:59 PM EST

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To: David Rubin who wrote (12)9/3/1997 1:45:00 PM
From: William Duncan   of 103
 
David, Just typed a letter to you and just as I went to send it, I got knocked off-line. Arrggh!
Anyway short note now. I purchased cacc base on a newsletter that I receive (Adrian Berg's Wealthbuilder). CACC is one of her core holdings for buy and hold. She currently has a sell recommendation on it with a sell price of 14 1/2 (I think cacc is already a little below this.
Though she has a sell recommendation, She gives buy and sell prices for those that wish to actively trade. She currently has no buy price listed, so for now, I assume that she does not recommend going long.
It changes month to month.
I bought shares before around 10 I believe and sold on a short downtrend to protect profits. I sold too late, and only made a few C notes, but got out to protect the profit,small though it was.
I still will follow it, but have other stocks in mind currently and don't have unlimited cash to spend.
Anyway I check the thread now and again, but it is not followed, apparently by many. Good luck. Bill
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