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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (267)9/9/1998 2:21:00 AM
From: BoNg-N-BoNg  Read Replies (1) of 43080
 
re: COMS ... continue to watch - will more likely up early opening wednesday and any weakness after that is a good entry point..COMS reports its earning on Sept 23 after the close..target price is around $30-31+ but I will sell it before the earning report.. also, option expiration on the 3rd friday of Sept. (I thinks its triple witching) so it might hit that target price before the earnings.. the preannounce early warning period for COMS is over so its fairly safe that they will atleast meet the earning forecast for this qrt.. the only thing that will hinder COMS in the next few week is the general market conditions due to preannouncement of other companies starting the middle of Sept..

note: I'm personally holding COMS since Tues. at $25 1/4 (didn't use buy stop). I might sell at the open if it gap up and buy again on the weakness..

just a thought..
eL..
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