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


To: LAWRENCE C. who wrote (19668)4/20/2000 11:07:00 AM
From: JDRogers  Respond to of 29382
 
LL,

OT - Just a thought for the day: There is something kinda funny about statement "PIK has low liquidity" for a company with the name "Water Pik Technologies"...

JDR



To: LAWRENCE C. who wrote (19668)4/20/2000 2:45:00 PM
From: LAWRENCE C.  Respond to of 29382
 
On ORCL weekly chart, ORCL appears to be basing above 70.



To: LAWRENCE C. who wrote (19668)4/20/2000 2:48:00 PM
From: LAWRENCE C.  Read Replies (1) | Respond to of 29382
 
I normally trade marginable stocks so that I can go from one stock to another without cash account restrictions.
My only current exception is RTK.



To: LAWRENCE C. who wrote (19668)4/20/2000 8:16:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
LL,

"PIK has low liquidity"

I'll kill two post with one here....LOL

JD found that funny and so do I (just the pun) not your observation Larry. I agree with you and was bolstered by yesterday's volume, but disappointed by the lack of price movement. I don't own the stock, just making a point to my teacher and good friend Sergio.

The street is supposed to recognize value and stability in a solid foundation stock. That is "bunk" in my book. The street recognizes what is in the news papers or on the talking head shows of TV. PIK has 60MM in cash, positive cash flow, PE under 10, Price to Sales under 1.0 ROA out the wazoo and net profit margin above 5.0....and yet is ignored by the "street" They even announced the buyback of 30MM of their 2004 convertible debt....no response from the "investing community". This is the stock that should be trading at 20 bucks!! As I said I don't own the stock, just spouting off as to the fair market we have. LOL
Ken