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Strategies & Market Trends : Let's Make REAL MONEY (Big, long-term cap. gains)

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To: Bill Levy who wrote (18)	12/16/1997 7:20:00 PM
From: James F. Hopkins	Read Replies (2) of 135

Bill; just so I understand you, look at CCH..she hit a low in what looks like 93 and 94 and has not gone back to them..however she is lower now than any time since 94. I don't think she will be delisted as she is on the AMEX, and a lot of institutions still hold shares in her..she recetly sold for 3/8 and with patience i think one might get her at that seems every time gold goes down she dips that 1/32 or so but I guess you might have to give that to the people who turn the gears, 3/8 is her low this year, still its not as low as she was..and if she don't go under and gold price ever does come back she climb back..but I have heard gold may go lower yet, untill some mines just stop mining and close up..still her titles to the land, and cash on hand will likly at least bring 3/8ths..( I think..look at her she is cheap and could be a good long term hold ) I don't see a lot of risk. I bought her onec at 7/16 and managed to get 1-1/16, bought back in her later at 13/16th as gold made a little pop, but dumped back as gold started back down , but still got 15/16ths..but with her I made one mistake , onec I order 3000 shares but only 200 filled that day..and I had to pay commisions on the 200 which added more than I was trying to save by not bidding the ask.. after that I put ( ALL or none on most all my orders now ) as I get flat $12 trades up to 5000 shares..however if only a 100 were to fill that day it would still be $12..like with KEF this morning had I only got a 100 then that adds right at a 1/8 to that price..so I do all or none bids at least on cheap stocks. Any way I'm thinking about CCH but she could go to 1/4 for all I know..but I doubt she would stay there. Surly not worth messing with if you don't e-trade on the cheap. Jim

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