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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (3680)10/19/1998 9:20:00 AM
From: AugustWest  Read Replies (1) of 7247
 
how ever you choose. It's got your name on it. But not because of a contest, I am watching NTBK closely this week.

True it's considered a 'net stock, but with roots digging into the FIs. It is the first PROFITABLE 'net bank. Over 200 million on deposit, FDIC insured, and over 15,000 accounts.

Earnings report on Tuesday(10/20)morning. The stock has been beaten with the rest of the 'net anything stocks, and might provide for a good rally in light of good earnings.

I currently have no position in them. Bought and sold on Thursdau and Friday. I will watch for a pull back today, but likely to buy in at some time today, regardless.

edit in: But I'm not too anxious to throw money into the market right now. One more on my radar screen is EGRP, but going easy there too.
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