Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (39537)	5/12/1999 10:18:00 AM
From: Scott	Read Replies (2) of 120523

AIRB, from the May 10 WL, is doing a stock repurchase. It's on the NASDAQ top 10 gainers list today (or at least it was a few minutes ago). It dropped severely in the last two days, and I was stopped out a couple of times, but I kept buying back as it went lower, and increasing my stake. Looks like I caught the bottom yesterday. Still down a little, but hope has returned. Maybe it will pick up the trend it was in a few days ago when Jenna's scans picked it up. By the way, I just wanted to comment that it looks like a lot of people are holding stocks and options through earnings. It works some of the time, but I've been caught in a couple of 50% drops, and it's not fun. That's why I don't intentionally do it any more, or I buy puts as a hedge. Take Jenna's advice and be careful holding through earnings, especially if you have a decent profit the day before. Scott

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