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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (9493)1/3/2000 11:50:00 PM
From: jeffbas  Respond to of 78666
 
SCOOP - Mike Burry put EBSC into his portfolio on 12/29/99 at 5 1/16.
To see his comments go to valuestocks.net click on VSN Fund and then on Elder-Beerman Stores. Mike's target is a 50% gain within 2 years. I am more optimistic in a shorter time frame, as I do not think these large holders would have that much patience.



To: jeffbas who wrote (9493)1/4/2000 2:13:00 PM
From: Bob Rudd  Read Replies (1) | Respond to of 78666
 
jeffbash: EBSC - why no jump? I'm thinking that 2 types of players positioned for end of tax-loss: Guys like on this board, after careful investigation; & Hair-trigger traders looking to play the bounce with holding period in days. Most of the value guys have bought into tax loss selling - they're pretty much done so don't drive it higher after the 1st. The traders pull the trigger when the trade isn't working [No significant bounce].
Big sell signal today - I bought some, look out below!
bob