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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (8268)1/18/1999 9:57:00 PM
From: Nazbuster  Read Replies (1) of 90042
 
Tim, I'm thinking of selling off part of my ASND this week (profit taking!) at about 88+. I have 600sh in the pension plan and I'm thinking of selling 400 and retaining the rest long term.

It's been a good run and I believe the ASND/LU venture will also produce future growth in the stock, but I'm concerned about a pullback after the run-up until the dust cloud settles from the merger.

What do you estimate the upside/downside potential of the stock to be over the next 30 days? 3 months? 1 year? Should I just hold it all or sell some and move on to another issue? Opinion?
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