LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: eik who wrote (14913)	5/27/1999 2:45:00 PM
From: John J H Kim	Read Replies (1) of 43080

>>pure gambling Not more than any other plays, maybe less of a gamble: Scenario 1: If the news comes out that there is NO news, then the stock should have a quick rally. Scenario 2: Some grim news comes out, but the company is still in business, stock is so extremely sold out that it may falter a bit, but then the market may start "buy" on news (opposite of sell on news). Scenario 3: Company announces that it is packing up, and will be auctioning furniture on EBay. Take the loss, go long on EBAY

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