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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: scouser who wrote (16073)6/29/1999 10:57:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
John

RICK "could have played both ways"

You could have but not I....can't short under 5 bucks.

The 52 weaker that I was looking at is SUND. Up a point and a half for no reason today hitting new 52 week highs. This one we can play both ways. If there is volume tomorrow and the gap up 10% (expected) then the sell off down to just over 6 run back to 7 then short. There were large block sells today just over 7.

There is something goofy about a co. the does 39million in sales for a Q and has a net profit of less than 1 million and calls it .15 eps over .03 for same Q last year. Something stinks.

Maybe Sergio will go through the report quick for me and see if he has the same opinion? SERGIO!!!!!
Ken