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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (9054)9/25/1998 12:18:00 AM
From: Amigo Mike  Read Replies (1) of 29382
 
THanks Amigo. I have stocked up on these two stocks ..... and for a wild play .... have started nibbling at NRAG (OTC-BB). I am VERY comfortable owning APCO and IFCI right now .... and I am even considering buying back the portion of my ATPX shares I sold since my 30 days are over (wash rule).

I have gotten stung with YESS during the last couple months ..... but I think there is still a possibility there. Teddy Ruxpin will be sold at Toy's R Us and is already in the Sears Christmas catalog which was a nice little surprise. Waiting to find out if WalMart has picked up Teddy too. Teddy is linked to the Reading is Fundamental program and a new TV series will be launched soon. So I'm hoping Teddy is this year's Tickle Me Elmo.

I saw mention of gold earlier this evening. I have information that there is a possibility that a (used to be) huge hedge fund is in major trouble and it is rumored that this fund is short gold to the tune of 2.7+ million ounces !!!!!!!!! Several large banks have lent money to the fund although it is not known exactly which banks. If true ... this could move gold up nicely and the gold stocks along with it.

Airlines ...... I may enter a put position here. Possibly AMR.

Amigo Mike
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