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Non-Tech : APCO Automobile Protection Company
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To: ChrisJP who wrote (3207)3/16/1999 3:50:00 PM
From: Ken Reidy  Read Replies (1) of 3351
 
I hear you Chris. I'm just talking about several specific 30 minute or so events where both APCO and MTON have been taken down rapidly only to bounce right back up. I just wouldn't be surprised to see this happen again.

Unrelated to the above discussion, I've been out of MTON and APCO for some time. I was bamboozled on both of these, as well as CYMI. I studied the fundamentals of all three stocks and was convinced they were all excellent companies with solid earnings growth potential. Yet all three stock prices slid to the $6 dollar area last fall and I concluded that I must be unaware of significant problems with all three and sold my positions. They all made solid runs off their lows, especially CYMI as I watched perplexed from the sidelines.

I still follow APCO and the fundamental picture looks solid as ever, in my opinion. I'm just watching, hoping to get in at the bottom this time instead of selling at the bottom! It is so easy isn't it <gg>!
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