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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: SteelerStu who wrote (3949)5/5/1999 5:37:00 PM
From: Kimberly Lee  Read Replies (5) of 108040
 
We have another stellar day, a day of bargain basement fire sales.
Bought SEEK before the open, flipped for 3 points. then bought back more around 48 1/2, holding
bought FNHC 6, 6 1/16. Took some profit at 3/4 and 13/16
bought NETP 20 and 1/8, what a great price for an good net stock
bought PAID 3 7/16,15/32, took some profit at 4 5/16
bought GLMC 8 11/16,3/4, out at 9 7/8
bought ECEC 6 3/16,1/4, took some profit around 7 5/16(could be 7 1/4, don't remember exactly)
bought WOWS 6 7/8, holding (25-1 forward splits)
Played FLNK for great fun. bought some back around 1.16 and holding
Knew something was wrong with Comps.com last week -- guy from Volpe asked if I wanted 1000 shares at the offering price. Without doing any dd, I thought it was a dog because an IB with which I don't maintain a regular relationship wouldn't offer this many shares of an IPO to me if it's in any real demand.

still adopting a mostly defensive strategy -- the only breakout play I engage in today was WOWS. The rest were all bargain basement hunting games.
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