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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Boolish who wrote (31425)6/28/2000 12:03:00 PM
From: Softechie  Read Replies (1) | Respond to of 56535
 
Boolish Look at where insiders bought the most which right around $17's level then add 30% premium on top and you get over $20 buyout. Insiders will never take a loss. Also my money flow program indicated that it will pop to $17's in July. Let's see if my program is right. It's right so far with TRL CNC FNV COVD.

I also talked to people at Finova on the loans portfolio as well. Nothing to worry about. Got securitization is a good indication of good things to come. CSFB is a good partner as well.

One more thing I like to add is Abby Cohen is bullish on financial sector and said bad loans are company specific and not economy-related events. I have to agree with her on this view. Check out the lattest Barron's on Round Table.