To: ACAN who wrote (324 ) 10/6/1999 11:07:00 AM From: ivan solotaroff Read Replies (7) | Respond to of 1065
Allan, Thanks for keeping up with the signals. I don't know if I mentioned that I'm going to be off-line for much of October. AAM--I played this on the first signal and had to take a loss. The signal was good the other day, but there just seems to be no buyers out there--a similar situation with ZONA, which'll either keep drifting lower or see a 50 to 100% day if there's ever a short squeeze. LSN I posted at length about over the summer. It took off without a signal and did over 100%. CMNT is a major figure in Doug's seminars, and is a multi-gapper. As you know, there are two schools of thought about them: One, which is Doug's, is that you play the most recent gap; the other, which is mine, is that they are unsafe until they hit a new low from the worst of the gaps. So far, Doug has been 100% correct, though I suspect that the one time he is wrong will be molto costly for the cat-fancier. DAVE is in the Feline Hall of Fame, my first big one-day profit from a cat, and near and dear to my heart. The 10% gap, as you well know, can only mean one thing. If ever a cat was headed for the boneyard, DAVE's the one. That'll mean one great catplay opportunity when the last round of short covering happens. The management is too conscientious for them to get an "E," so I imagine it'll be along the BOST/VRGN/SHMN lines, of going to the BB/pink sheets. Cats seem to always bounce the moment they get delisted from the Naz, probably because people are so relieved that it's moved onto another life. Important thing, of course, is not to fall in love with them at that point: They are headed for extinction. BOST(Q) is a perfect example. Ivan PS: Could you keep a list of 30% gappers while I'm gone? I check out the newspapers, but not much. Thanks