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Non-Tech : Lizard Licks bzzzzz...smack!! Trading

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To: lizard lick who wrote (42)12/7/1998 5:48:00 PM
From: lizard lick  Read Replies (1) of 79
 
Congrats on mlin position, up 20% since the call on sector rebound.

Returning to cree-Consider short position again. Stock is very pricey again and has over extended itself. Analyst coverage on this stock priced it in november as a 36 dollar stock in 12-18 months, low and behold the market has managed to surpass that on no new develpments in less than a few weeks. Looking for consolidation and a return to low to mid 30's near term. Only if willing to hold though. Stock up 300% since mid oct, tax gains pretty significant on this stock for sellers before dec 31, but look for some decent unloading entering the new year, Form 144's abound on this stock in November.

Consider buy on Ames- I liked it in the teens, but i think this baby has some upside still left in it.
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