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Politics : Ask Michael Burke

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To: accountclosed who wrote (34688)10/28/1998 8:50:00 AM
From: Skeeter Bug  Read Replies (1) of 132070
 
paul, alpha is a *itch. low priced, illiquid stocks get drubbed. over priced big caps with liquidity stay afloat more.

i bought lgndw at $2.50 a month or so ago. i feel it is undervalued. however, if my broker wasn't shut down i'd trade out of it this morning as i expect it to drop with the rest of the nonsense market fluff. i'd like to buy back at $3 or so. maybe lower. it is currently $5 1/8.

i can't. i wanna cry. waaahhhhh. wahhhhhh. i can see lgndw tank. i can just visualize it cratering in the face of a weak overall market. i hope i'm wrong. i don't think i am.

i wanted those dec $50 cmb puts badly. well. hope it rebounds even higher now. i just think this is the start of obvious downside. may i be the monthly idiot by having the worst predictions. :-)

my other stocks are so cheap i refuse to sell. if they get cheaper... so what... genzl, gztc asis, trps, mwy, swtx. punded small caps. some deserving, some not.

good luck paul.
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