Thean,
5AM? Good grief. Are you still on Malaysian time, or what?
Thanx for the help on GIC. I got in Dec 17, but via March 35 Call options instead of stock (it was just a takeover rumor play), so now I have two months to properly manage an exit. Hope I didn't already blow it, I sat on >70% profit all weekend and it's down a bit this AM.
Yeah, $50 is pretty far fetched for CPLY. I don't know the ins and outs of MIMBO status either, but I do know it's a pattern that's supposed identify a possible cup and handle forming right at the beginning of the right side of the cup, so a return to the all time high >$50 is where that target comes from. Lot's of MIMBO's fail, and those that don't can take a loooong time to reach that target. It's up a tick or two today so I didn't get stopped out, yet. I seem to have selected several investments that need constant attention.
Thanx again,
Alski
PS. Do you like any of the generics? It seems likely to me that with all the changes in the health insurance/HMO industry there might be some good plays in the generic biz, or did WPI all ready wring that one dry. |
