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Non-Tech : Cityscape Financial (CTYS)

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To: Ploni who wrote (1406)10/25/1997 10:41:00 AM
From: Shane Stump  Read Replies (1) of 2544
 
I have real-time quotes which helps. I am sure there are safer stocks, but CTYS being so low makes it more ideal for daytrading with minimum out of pocket. I have bought 5000 shares of CTYS for 2 1/2 to 2 9/16 and unloaded it shortly there after for 2 3/4. I cannot recall many of my invmestments where I could risk $12.5k and make 10 percent in a matter of a few hours worst case. As soon as CTYS returns to normal trading volume, I won't dare tempt it! I also won't try it very much next week until AFTER earnings! With my luck, I would buy for 2 xx and CTYS will come out and say they lost $1.50 a share before I unloaded.

Shane
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