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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Jack of All Trades who wrote (2607)8/21/1998 1:57:00 PM
From: TATRADER  Read Replies (2) of 59879
 
As I understand it the buyout price is at 2.17.....As soon as the smoke clears and everyone realizes that the pipeline is still being built by the Chinese and Malaysians and that Clinton's Lewinsky bombers have not hurt progress in any way, the stock will rebound to the 2.00 area...All that we have done today is give the Canadian acquiring company opportunity to buy up more of AKSEF at a cheaper price...They were paying 2.00 a share as late as yesterday....But if you can pick up the stock at 1 1/2, wouldn't you do it, while everyone is scared to go near it and is dumping...This is just my opinion and I have put my money where my mouth is...Hopefully, I won't have someone stuff a rag in my mouth next week...This is a position play, I plan to hold for at least a week...Mark
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