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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: anyer who wrote (4052)10/12/1998 4:48:00 PM
From: NASDBULL  Read Replies (1) of 18998
 
COF looked sick today after strong open. I'm not concerned with what COF earned last quarter. COF and PVN will be dogs based on current and future state of economy. Turning negative for these overvalued dogs.

Watched these internet stocks come off their 52 week lows since Friday.

Watched GCTY go from 19 to 13 to 19.

Watched DCLK go from $21 to $13 to 19.50 today.

Jumped on DCLK and shorted the crap out of it around $19 this afternoon. Stock tanked to $18 before close.

DCLK is one internet advertiser that will not sustain a 30 times book value. I'm expecting DCLK in the single digits by November.

DCLK is a MAJOR DOG!!!

NASDBULL
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