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Strategies & Market Trends : Investing for the January Effect 2000 -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (20)12/20/1999 7:35:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 109
 


N, I also tend to look away from the institutional holding issue. My take is that it does in fact make the trading thinner, and the stock more volatile.
And, when it comes to institutional views that a meagre period performance doesn't hurt in the long run but can be a reservoir for forward (year 2000) performance, I definitely look at beaten stocks with still high institutional ownership.

My first pick, SPGLA ($7) attributes to that fact, but the stock is extremely hard to buy if you don't want to overpay.

The others, CDCO, $4.3, which is quite cheap here, but appears to build a nice bottom has a smaller IO. I'm a bit wary about SVRN, $7.3 which continues to make new lows. Because of the big float (210M) it perhaps does not suit what we are looking for. Here, I'm waiting before this tanker turns direction.

Last but not least, I added an ex-backdoor, KLOC, $4. KLOC made bottoms (after falling big time when completing their sub, USSEARCH IPO) but one big holder is loading up shares at current levels.



To: Q. who wrote (20)12/23/1999 2:48:00 AM
From: chester lee  Read Replies (2) | Respond to of 109
 
D,

<< Of those two small oil companies, HEC might have more January effect, since it appears to be mostly in the hands of small investors.>>

HEC did a floorless convertible a while back, FWIW.

Chester