Phil, I hate to have to correct you...but you said:
"When is that pesky 2Q '96 report due out anyway, would have thought it should be
available by now...seeing that it ended almost 2.5 months ago"
Camelot's 2nd qtr just ended Oct. 31, less than 2 weeks ago! I believe they have aprox 45 days after the close of that period to announce results. I would then expect the report by mid December.
In answer to your questions:
1. I am predicting an increase in revenue, for this period, based on sales of goods and services.
2. My last purchase of Camelot at $1.03125 was on 9-5-96, and although I did not sell at $2.00, I did sell some at $1.75 on 9-11-96. This gave me aprox 70% return in only 6 days. Even though I missed the $2.00, I think I did well. Don't you?
Being consistent with my previously stated strategy, I buy on the dips and sell some into the strengths. To date, I maintain a strong "long" position, in anticipation of a real break out. The trading allows me to capitalize on the stock price movement and allows me to maintain a relative cost basis, regardless of the price fluctuation.
As you have said, time will tell.
Tim
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