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Strategies & Market Trends : WR's Momentum Trades

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To: CPM who wrote (6356)2/19/1999 12:25:00 PM
From: Dave Gore  Read Replies (1) of 11130
 
There are rumors about management printing lots of shares....I got out at breakeven.....didn't like the action. If you want to hold long term, this will hopefully be very good. The chart shows that there is probably little downside. People are feeding me some DD now that I am not totally positive about. It contradicts some DD I was getting earlier that was all positive.

I trust my own DD but not others....

My philosophy is that if I don't have enough DD, I am cautious so I got out. This was one of those stocks that I did not have time to DD myself...and so I just took a flyer on what sounded like a major announcement. Oh well...some work, some don't... the secret is to find the ALFN's at 20 cents and not lose on the rest.

Good luck all
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