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


To: If only I'd held who wrote (58614)1/7/2000 8:54:00 AM
From: Rock_nj  Read Replies (1) | Respond to of 108040
 
The market rally needs to broaden. A house is only as good as its foundation. The market can't go up on a narrow amount of hi-flying tech stocks forever. This week's correction in the high-flyers and the rotation of money to other sectors like cyclicals and drugs is healthy (no pun intended).



To: If only I'd held who wrote (58614)1/7/2000 8:58:00 AM
From: JustInTime  Read Replies (1) | Respond to of 108040
 
Geez, I hate to brag, but I had one of my best days ever yesterday...holding PDX, OXHP, USON, DDIM. All way of their highs and IMO, still plenty of room to go...PDX for example is of its 52 week high of $65 and is now trading around $9 7/16...MASSIVE short position in this stock (close to 100% of the float in some cases), IMO the squueze is just begginning, if the shorts panic, we could see $20+ share IMO. Even if they don't panic, IMO this stock is good. PE = 5.33.

Also, take a look at USON current trading around $4 15/16 down from high of $15+, PE = 10.

DDIM PE 12.55, up 27% yesterday to $2 15/16.

Lastly, ODP, my biggest single holding is ready for a rebound. HUGE insider buying over the last several months, down from $25 to $10.5. PE is 16 compared to staples PE of 42. The own over 500K shares of PPRO from before the IPO and have options on another 500K shares. Website was ranked the #1 ecommerce site by information week last month (ahead of amazon). Good things are coming for ODP, not a momo.