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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Wayne Rumball who wrote (5359)6/19/1998 3:51:00 AM
From: Dayuhan  Read Replies (3) of 25711
 
I've found some very solid picks on this thread, but some unbelievable dogs are floating around as well.

Been running through some of the picks here... P.E. Allen likes ATRE, but with a float of 75M and lines like this in the profile:

" For the 26 weeks ended 3/2/97, revenues fell 43% to $8.8 million. Net loss applicable to Common fell 18% to $3.4 million. Revenues suffered from the elimination of unprofitable routes and cash flow problems from a general lack of product."

It's kind of hard to make any kind of rational case for buying the stock.

Then we have Justin Step pushing HCCA. For a look at what HCCA insiders think of their company, take a look at:

biz.yahoo.com

If they won't hold their stock, why should we?

I still have a list of others to check out, but I don't think I have the stomach for it. One more like those and I'll heave all over my keyboard. I hope in the future people will do us all a favor and post some reasons to buy a stock when they post the suggestion to buy it.

We're not all master traders,but we're not total idiots either.

Steve
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