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Strategies & Market Trends : Position Trading Forum

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To: CharleyMike who wrote (4828)11/1/1998 4:05:00 PM
From: Tim Luke  Read Replies (4) of 7247
 
my pick:

KNT...closing price 16 3/16......this is a takeover play for me and when i first put it out a few weeks back after the earnings were released the stock was at 9 and change.

it has made a great run coming off a bad earnings report in just 3 weeks (almost a double)....the rumor floating around is that AVT will make an offer of 24$ per share..

disclaimer:

this is only a rumor and is the reason i'm playing the so DON'T base your trading off of myself or anyone else, always do massive DD on every stock you enter.
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