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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (18924)2/20/2000 8:58:00 AM
From: brogan  Read Replies (1) | Respond to of 29382
 
Your'e both right!. I'll be the tie breaker
Goin to see the whole 9 yards today <g>.
SOCT chart does look lousy but old resistance before
breakout at 2. Looks like small gap 1.94. Might
accumulate below 2 or wait for a break above MA at 2.4.
Annual meeting 6 weeks.
Ken, short term you like LH best? in addition to what
we have discussed here previous?
P.S. ADSP hit that 7 mark (just below) and bounced Friday.



To: Ken W who wrote (18924)2/20/2000 1:36:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Ken and Brogan, fundamentals on SOCT are terrible if you look backwards, but not so bad going forwards. Conclusion on chart, we all agree....wait for a move over the 50 day MA. Curious as to when next earnings report for SOCT will be now that restructuring has been completed and also about the possibility of an overhang that may have been created by inside sales by the old members of the Board of Directors. I imagine that they would most likely liquidate their positions.

I'm holding LH based on large block activity, although some of the action was conversion of preferred
shares. LH's earnings are expected to increase dramatically this year, that's the reason for the two analyst upgrades last week. Big hump of resistance at 4 with high upside potential. Negative is proposed reverse split.

Ken, movie time was 7:00 pm eastern time :-) Movie was fun.

I understand from PMs that I've received that mostly everyone has sold their IFLO shares. I'm still holding my
long term shares and sold my trading shares at 4 3/8. Good post on Yahoo about a guy who bought a dog and named it IFLO. lol I might end up doing the same thing, but for now I still think IFLO has great potential. From a trading perspective, as I've learned from Ken W. and Ditch, and
for maximum gain over amount of holding time
IFLO should be avoided until it clears the $5 hurdle. For my style of trading,I don't mind waiting and don't mind getting in for a dollar cheaper. Everyone needs to define their own style and what works best for them.

Sergio