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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (6532)3/25/1998 4:41:00 PM
From: The Perfect Hedge  Read Replies (1) of 120523
 
Jenna-
You had CKR on your watch list yesterday.It was down today,do you still like it?Oversold and good money flow but has not taken off yet.There's a strong case to be made that convertible arbitrage was responsible for the recent pullback on a good eps report.Short interest increased 35% in 3 weeks just after they had a private placement of convertibles.This one might be ready to bounce up after all this convertible arbitrage stuff...GD
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