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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Andrew Hunter who wrote (2548)11/3/1997 5:05:00 PM
From: Gary Youree  Read Replies (1) of 7396
 
LGTY has turned into a good bet. Bought 2K more at 15
Close at 15 9/16 x 5/8 with a 25K buy block at the close.
The forth firm that helped birth this ipo last month also came in with a buy rating today..Hampshire Securities.
Three buys and one strong buy today got it up over 15 1/2..which I guess..counts as a 5o dma.
Should do good for a little gap in the morning which doesnt do anyone any good if your not in now. I do plan to buy it back on a pull back if it gaps too big and sells off. Seems the recs should be good for more than a day.
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