APCO Automobile Protection Company Message Board

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Non-Tech : APCO Automobile Protection Company

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To: Phil Jacobson who wrote (2235)	6/20/1998 10:15:00 AM
From: Magnatizer	Read Replies (1) of 3351

Phil I agree with your thoughts on the long term uptrend line. It correlates nearly perfectly with the magnets I have in the 9s. With magnets the stock will generally sink below the magnets while it is doing its testing of them. This is why I am saying I will buy on dips below 9.25. As far as a 2-3 month projections go I don't think anyone can give a specific number. One week is possible, One year is possible but 2-3 months have way too many outside variables coming into play. I would imagine that APCO will be higher than it is currently in 3 months but I would hesitate on giving a figure. Another thing to consider regarding APCOs recent weakness is the option expiration. It is possible that this was the cause of the weakness. I would give it a 25% chance of being the reason. If this is the case we will know next week. ht david

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