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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (8611)6/24/1999 11:45:00 AM
From: gamesmistress  Respond to of 57584
 
CMTO just fell from about 20 to 13, now rebounded to above 14, apparently because of this:

Message 10255750

Anyone know anything else?



To: Kevin Shea who wrote (8611)6/24/1999 11:54:00 AM
From: StockHawk  Read Replies (1) | Respond to of 57584
 
Kenin, That was a nice call. Hope you entered in a few positions. I just ran a 30 day chart on the 4 stocks mentioned (starting point 5/11, 2 business days after your two posts on 5/7) these are the results listed inthe order you had ranked the stocks:

Psft - up 17%
Sap - 0 -
Baanf - up 78%
Manu - up 60%
the average of these 4 - up 39%

Nasdaq - up 1%

Kevin, that "<g>" you're sporting is well deserved.

StockHawk



To: Kevin Shea who wrote (8611)6/24/1999 11:54:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
>>UOLP<< . . . . .Removed from SAM. . . at 8 bucks. . up from 2 15/16.

Due to company signing an offshore floorless convertible debenture deal. . . .this leads to a MAJOR loss of equity in a relatively short amount of time. . . about 90+ percent of the time. This is due to shorting by debenture holders, which typically occurs [legal or not] so that they will benefit most from conversion.

From 8 dollars per share, the upward potential or reward is no longer worth the increased risk, in my opinion. . . Later in the year, if we see evidence that conversion has been completed, we will re-evaluate.

We made a solid 5 dollars per share profit from our investment at about 3 bucks per share . . . which is a 167 percent increase on our investment [not 180, like I originally calculated].

Congratulations to all on their profits.

Rande Is



To: Kevin Shea who wrote (8611)6/24/1999 12:34:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Kevin, congrats on your TA picks and their winnings. . .