Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 179.64

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3:59 PM EST

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To: Trader J who wrote (2167)	12/16/1998 11:48:00 AM
From: Trader J	Read Replies (2) of 56535

TRADE: Got 5000 ASCT at 4 3/8. This is a position hold for next two weeks. May add more on dips. Giving TokyoMex the benefit of the doubt on this one. Rumored to be a buyout at 10, but ASCT asking for more. This is just a rumor as of now but I have never seen TM so sure about one of his rumor picks before. Do not play this just for a quick trade or an overnighter. One source has the buyout happening just after X-mas but there are no guarantees. A worthy risk as far as I am concerned. I am breaking a few of my rules by doing this but for decent reasons IMO. Be careful if you decide to play.....you will probably be able to catch a dip when the "newness" of this rumor wears off, perhaps in the mid 3s. If nothing else, it gets me out of the market for a bit so I can concentrate on other items including the "Specialists". Trade well. TJ

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