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


To: Allen Furlan who wrote (11187)9/24/2000 12:09:12 AM
From: rjm2  Respond to of 78751
 
When I bought in the first time I knew nothing about that contract. When the news came out...the daytrader "easy money" mentality came into the stock so I sold. So I knew it would come back as the easy money folks sell out in disgust and for tax loss selling. The news simply made it happen sooner. It could fall more, I have buy orders in in case it does. If the contract falls through, the ASSETS are still there..and thats why I bought in the first place.

The 13-d industry insider is just icing on the cake.

But, I have a sell order in waiting at $5 31/32 in the event the daytraders come back ! I love volitility in value stocks.