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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (15371)6/9/1999 3:13:00 PM
From: BarbaraT  Respond to of 43080
 
BNBN ... already have and holding some at 18. Just thought it would be nice to add some around 15. Just missed it. Not worried about this "dog" ... I'm an animal lover and fully expect to see this a heck of a lot higher in a few months. <gg> I'm more a holder than a trader (although I do succumb to temptation occasionally)



To: American Spirit who wrote (15371)6/9/1999 4:29:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
"BNBN - if this comeback is for real you haven't missed anything.
Most traders like to wait until it's already rising. I'm the bottomfisher with my lowball
bids. But two weeks ago lowball for this stock was 20 and it's still below 17. Some
might bail before the end of the day so try a limit order 1/2 or so below where it is now.
That is if you're really interested. I expect to get at least 19 for this dog short-term.
Mindspring deal and other news should help. Stock has done nothing but go down for
two straight weeks."

BNBN is an IPO that's only been around for 2 weeks. I would be careful about generalizing its potential or pattern.

lastshadow



To: American Spirit who wrote (15371)6/9/1999 7:13:00 PM
From: tom pope  Read Replies (2) | Respond to of 43080
 
>>BEBE another such dog with a lot of room to recover. Difference is they had 40% earnings growth last year. Who knows why they're in the toilet<<

BEBE is one of LS's Russell 2000 possibilities. Given the reasonable analyst ratings, expected future earnings growth above 20%, this is a deeply oversold chart.

No doubt I'm missing something.