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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Howard Shlom who wrote (10792)8/20/1999 9:25:00 AM
From: TATRADER  Read Replies (2) | Respond to of 59879
 
howie, remember when I gave you a 12 price target on PTEN...It was then trading around 5.00..It took a while, but finally got there..Same with TMAR..As long as oil stays above 20.00, your target is realistic 6 months out...



To: Howard Shlom who wrote (10792)8/20/1999 9:59:00 AM
From: stock talk  Respond to of 59879
 
<it looks to me like $16-ish could be a reasonable target.
Am I being too optimistic or just looking longer term? >

Howard, this is a true story. When I worked at a brokerage house I once over heard this statement being made to a major client.

"We believe "XYZ" stock has at least a 50% chance of going higher longer term although we can not discount the chance of it trading lower than current levels in the short term."

That was the type of "expert advise" we professionals were able to provide for our clients.