LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: BoNg-N-BoNg who wrote (3200)	11/25/1998 4:10:00 PM
From: SpecialK	Read Replies (1) of 43080

ARGH! no it's not a stock symbol. Ameritrade had some problem the last 40 minutes, online shutdown, so there was a phone backup. I get a broker after 9 minutes on hold and 2 seconds later he tells me that the market just closed. Well, I guess MIFGY will have to wait til Friday. I will buy at limit of 9.375 on Friday. For a stock that trades 200K a day, 350 calls is huge. It has come down from a high of 60. Fidelity has purchased more than 1 milion shares in the last 2 weeks at between 9 & 12. I don't know the exact price. MIFGY recently merged with Intersolv,ISLI. They announced breakeven earnings, when expectations were .31 or so. MACD has bottomed out and is moving up, and it has double bottomed. I expect a rise to 12.5 or 30% within 1 1/2 months. Have a Happy Thanksgiving!! Ketan

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