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Strategies & Market Trends : APMP (formerly APM)

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To: AlienTech who wrote (9565)1/1/1998 11:12:00 AM
From: appro  Read Replies (1) of 13456
 
>>I wonder about appro too<< LOL. I will explain. I convinced myself APM was too cheap @$21 1/2 to have much downside risk left even though the downward trend showed no change. AlienTech commented on chat channel, APMers, "ARE YOU CRAZY?! THIS ONE'S GOING TO 18" AT, rarely uses all caps. I laughed, certain that the market had over-reacted to APM's problems and time would prove me right even if I had to hold a long time.

I sold those shares a few days later at 18. Of course I have traded in and out of APM nearly hundred times in the last six months.

I wonder about APM (being at $11 1/4), but will not touch until the story changes again. This is a great company in big trouble. Sign me, looking for happy endings. : ))
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