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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: changedmyname who wrote (51798)12/28/1999 10:25:00 AM
From: Bryan  Read Replies (2) | Respond to of 108040
 
If you don't trade like that, then you miss the ARBAs and RETKs of the world. ROWE is just another extension... with partnerships with CMRC and ARBA. >>>
Yes, the sector is hot. I'll give you that.
But IMO, ROWE in the $40's is a scalp at best, with a limited upside. Everyone is so quick to jump on the bandwagon when associations with high-flyers are mentioned. It's silly, and people get burned time and time again making the same mistakes.
"it's the next CMRC!"
"it's gonna pop!"
"get it now!"
"CNBC mentioned it!"
It's a daytraders stock at this juncture...that is all.
Best of luck with it though.

B