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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: Ron McKinnon who wrote (5643)11/10/2000 9:43:08 AM
From: DanZ  Read Replies (1) | Respond to of 11568
 
Thanks, Ron. I'll fix the symbol on PMS/YND.

Re FNV, since nobody can predict when a stock will move, another option is to hold it another month and evaluate where it is then. Maybe buy more if it tests the 52 week low and bounces and flip that part? The dividend cut partially explains why funds bailed on it, but I think it is way undervalued. If there aren't any more funds to dump, it might rally from here. Keep in mind that many of the shares were bought by a fund that wanted them and they took advantage of the fact that there were more sellers than buyers to get the stock dirt cheap.